Long
The Cup & Handle Pattern of the $PROS weekly chart
The weekly chart of 
PROS is a great example of cup and handle pattern:
- the shape is "U", not "V"
- the cup is not overly deep
- the handle is also not overly deep, it is in the top half of the cup
- the volume is decreasing in the handle
Target: the cup is about $0.4 high (between $0.2 and $0.6), then the target should be around $1.
PROS is a great example of cup and handle pattern:- the shape is "U", not "V"
- the cup is not overly deep
- the handle is also not overly deep, it is in the top half of the cup
- the volume is decreasing in the handle
Target: the cup is about $0.4 high (between $0.2 and $0.6), then the target should be around $1.
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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.
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.