The handle dipped a bit too low in an effort to fill gap and invalidated the pattern. I never take gaps for granted. They provide excellent support when they are below you but I try to wait until the gaap is filled to enter a stock. Gaps also provide strong resistance when above you.
When the handle dips over 50% the cup and handle pattern is negated. Really, I do not like it to dip more than 30%
Roku has broken out from symmetric triangle and did so with haste!
Volatile stock
Earnings 8-6 AMC and they rarely miss
Not a recommendation
When the handle dips over 50% the cup and handle pattern is negated. Really, I do not like it to dip more than 30%
Roku has broken out from symmetric triangle and did so with haste!
Volatile stock
Earnings 8-6 AMC and they rarely miss
Not a recommendation
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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.