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A few rules must be noted for the pattern to be valid. The Cup and Saucer has to be preceded by a significant upward movement. The lowest at the bottom of the cup has to be less than 50% of the upward movement preceding the pattern. The lowest at the bottom of the handle must be...
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1.ausuallyround hollow container to hold liquid for drinking, often with a handle.a teacup;a cup of tea.taza 2.an ornamental vessel,usuallyof silver or other metal, given as a prize in sports eventsetc.They won the Football League Cup.copa ...
The cup-with-handle base signaled the start of runs by Walmart, Apple, Nvidia and other companies. By learning to spot this pattern when it's forming, you could be prepared to get in early on the next batch of major movers.Tags: All News And Stock Ideas...
The Cup With Handle pattern, developed by William O’Neil, is a technical indicator for identifying the continuation of a trend after a period of consolidation. [1] It consists of an initial uptrend that’s ideally not too mature, a U-shaped move (cup), followed by another sharp and mino...
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The 60-minute cup and handle pattern offers an excellent timing tool when looking to buy a larger-scale trend that doesn't show a low-risk entry price on the daily or weekly chart. Akamai Technologies, Inc. (AKAM) consolidated below $62 after pulling back to major support at the 200-day...