A perfect Cup With Handle Pattern formation
A Cup With a Handle Pattern is a very reliable pattern. The buy entry should always be 10 cents above the high of the handle. In this example the high was $62.02.
My entry point would be at $62.12 as long as the volume for that day is 40% above the 50 day average volume.
My entry point would be at $62.12 as long as the volume for that day is 40% above the 50 day average volume.
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