L.B my own trading generally follows an 80/20 approach i.e 80% fundamental 20% technical however since your post re cup and handle forming i took another look...yes indeed its more than just forming its almost in place with the last couple of down days almost completing the pattern. anyone who has a bias towards technical trading would probably have seen this formation some time ago but for us of a more fundamental trait you could do worse than take a look, most trading houses take technical selling or buying signals very seriously, it could prove a real catalyst with our quarterly just about to be released. Thanks for bringing it to our attention.
WHC Price at posting:
$8.54 Sentiment: Buy Disclosure: Held
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