Small Cup and Handle Formation showing a target of +56%. I'm not sure on my time estimates as I have no way to gauge the time for the handle to complete and the rally to begin. Use your best judgement.
Note
Handle nearly complete, should begin the break out in the yellow area.I made adjustments to the arrow to show the drop from previous All Time High, to new expected ATH.
Note
Delayed handle breakout. Target modified:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.