XJO
Click for more information
0.67% 8,150.0 s&p/asx 200

Hi Debono, I wouldn't like to call your pattern a cup and...

  1. NineLives
    17,274 Posts.
    lightbulb Created with Sketch. 490
    clock Created with Sketch.
    14/01/11
    22:05
    Post #: 7739043
    Hi Debono, I wouldn't like to call your pattern a cup and handle. Cups should be the nice rounded U shape as that indicates consolidation. V shape cups should be avoided....

    But I suppose you could call your pattern an ascending triangle which theoretically is still a bullish pattern

    http://www.investopedia.com/terms/c/cupandhandle.asp

    XJO Value at posting: 154.50
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Waroona Project financing strategy aims for non-dilutive funding solutions - discover how this approach will support its Stage One development
right-arrow Created with Sketch.
CC9 Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
right-arrow Created with Sketch.
NEWS High-grade drill results confirm extension at Paddy’s Lodes—reinforcing significant discovery and growth potential at Youanmi Gold Project
right-arrow Created with Sketch.
NEWS Antler Copper Project hits major permitting milestone – air quality permit advances to final review
right-arrow Created with Sketch.
LU7 Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
right-arrow Created with Sketch.
NEWS Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
right-arrow Created with Sketch.
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
(20min delay)
Last
8,150.0 		Change
-55.200(0.67%) 		Mkt cap ! n/a
Open High Low
8,205.2 8,205.2 8,107.6
XJO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.