The cup and handle pattern predicts a bullish trend, indicating a potential buy opportunity. Look for a U-shaped cup and a shallow handle to identify ideal cup and handle patterns. Confirm the pattern ...
The cup-and-handle pattern is aptly named because it resembles a teacup with a handle. On a stock chart, the cup appears as "U" shape. The handle appears as if it had the shape of a backslash symbol ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
Even the biggest stock market winners have to catch their breath at some point. So, one of the most common shapes etched during constructive price pullbacks is the cup-with-handle pattern. But ...
The mother of all patterns is developing in the gold charts, says Dominic Frisby. And if everything plays out well, gold could hit a price that investors could retire on. You might be familiar with ...
Tesla (NASDAQ:TSLA)'s stock TSLA has been trading sideways for a few weeks. This can be frustrading for traders but perhaps it is starting to get a bit exciting. The consolidation could act as a pause ...
Technical traders make their living on the recognition of specific stock chart patterns. The more prominent and pronounced the pattern, the easier it is to recognize during formation. Few are as ...
When you’re reading up on stocks or listening to interviews with professional traders, you may come across specific terms that describe different chart appearances. A cup and handle pattern is ...