What is a 'Cup and Handle'
A pattern on bar charts resembling a cup with a handle. The cup is in the shape of a "U" and the handle has a slight downward drift.
As the stock comes up to test the old highs, the stock will incur selling pressure by the people who bought at or near the old high. This selling pressure will make the stock price trade sideways with a tendency towards a downtrend for four days to four weeks... then it takes off.
...DYOR
What is a 'Cup and Handle' A pattern on bar charts resembling a...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $47.02K | 18.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 894454 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 72422193 | 58 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LPD (ASX) Chart |