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: ...
California Kitchen (CPKI) is in a tight consolidated range for quite some time now, and you should wait for a break out of that range before going long, and Volcom (VLCM) is forming a cup and handle pattern, that could break out any day now. Here Are 9 Stocks The Street Is Buying...
Snowflake shares carved out acup and handle patternbetween February last year and this month before encountering selling pressure near the formation’s top trendline last week. Apullbackinto the company quarterly results coincided with therelative strength index (RSI)falling to its lowest level since...
Use the highest level in the handle area and add at least a penny to derive the buy point. Thedouble-bottom baseis a bit different. The stock forms a cup pattern, but makes another correction before it reaches new highs. The second bottom usually is lower than the first....
The past two weeks of chop are forming the handle of the pattern and could be viewed as a base or flag that is resolving itself to the upside this morning. With the recent bullish action, the RSI for BA has climbed back above 50. This further validates betting on higher prices. ...
Tesla is one of the most oversold stocks on the Street and could be due for a rebound More In Chart Investing Pro Charts indicate what may happen next in long-running Coke-Pepsi stock battle, says Carter Worth Carter Braxton Worth Read More...
Technically, this most-shorted stock is stationed in the upper right side of a large and deep corrective cup-shaped base. With action since the FAA announcement forming a wide, but well-supported handle consolidation, SPCE stock has “the right stuff” to break out to new all-time-highs. ...
This long term monthly chart of the HUI index provides valuable trading signals for both gold stocks and gold bullion. As you can see below this index is trading at a key resistance level after forming a bullish 3 year Cup & Handle pattern. The next 1-2 months for the precious metals se...
Moving average convergence/divergence is tracking higher and crossing above its center line, stochastics is in an overbought condition, and Chaikin money flow is reflecting buying pressure. A break above rim line resistance projects back up near the highs of this year. ...
When one of your top stocks suddenly makes its biggest ever point drop since the breakout from a sound base, it's time to take at least some profits.