Thursday, September 3, 2020

Chart Patterns: Cup With Handle

 Here is the link. 


30%+ prior uptrend

jump on wagon - too later 

down trend - left side - 15% to 30% 

bottom forms - institution to pick up shares - 10 to 12% handles - shake up weaker holds - weak holder sells 

More committed investor - those folks to sit tight and look for more gains from the stock. 

Can stock punch through of heavy ...? 

Look for heavy volume on breakout - 40% or 50% than normal 

5% - up to 5% above ideal buy point - 

Bases often form as general market ...

market corrections - closed above 10-week average line 

Heavy volume ...

Light volume in ...



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