Red to GreenI think it will go red to green for today, and get between 95 and 102 and then possibly once it gets there to the previous high that will complete another cup and it might red to green again to the earlier previous high between 113 and 125, I'm in and willing to hold a day or two to see what happens.. I like this for at least $1 and more than likely 105 - you agree?
*sidenote. . the newest cup may be wider than what I have on here
CUP
Massive cup & handleIf everything goes to plan, in one month we will have a massive cup & handle. handle forming now.
What do you guys think?
DCR Tea Time?I saw that wolfe wave form (green and light blue pattern), but it failed to break out of the pink triangle. The wolfe wave consolidated into a cup and handle (dark blue) and broke out of the pink triangle. Now I see a larger pink cup and handle forming, hopefully this will break out of the turquoise triangle...otherwise hopefully it bounces off the golden trend line and continue upwards. Comments welcome!
SJCX Cup and Handle Formation.Entered my trade at 0.00030 and my trading plan is 30%. Look for this coin to go long over the next few days!
VRC Cup and HandleFor me it looks like VRC is forming a Cup - Handle pattern.
Supporting Information:
- Strong Support at 10330 sat
- Increased volume
TDC Double Cup & Handle?! Strong case for breakoutOver the past year and a half TDC has formed what looks like a double cup and handle, where the handle for the first cup&handle formation is the cup for the 2nd cup&handle.
Supporting Information:
- Formation began with a large gap down from $36.12 to $33.03 on 8/6/15
- A strong resistance/support line (currently support) at about $30.70, which also constitutes a 38.2% fib retrace from TDC's high on 2/9/17 at $33.32
- From TDC's low of $21.98 in January of last year, the stock pulled back then bounced nicely after retracing 61.8 % (fib)
- Both Stoch and CCI are currently in oversold territory
- Since TDC began consolidating on 2/13, volume has been lower on down days and higher on up days, most recently showing declining volume as the stock has dropped
- 50 day MA could provide additional support when it catches up to the stock
I would recommend waiting until there is a clear breakout of this small pullback, preferably on strong volume (at least higher than average) with a close at or near its daily high . If this happens I would expect the stock to retest its high (between $33.00-$33.30), probably consolidating just under resistance until it finally breaks out. After a breakout above $33.30, next resistance would be after the stock closes the gap created on 8/6/15, with resistance between $35.80 and $36.12
And as always, make sure you have a stop loss in place, which I would place below current support between $30.50 & $30.30 and adjust up if the breakout occurs.
Second Cup Stocks 2014-PresentA visualization of Second Cup coffee shop chain stocks since 2014, when Alix Box took over as CEO. Part of business article on the company written by a Master of Journalism student.