Bullish: Cup & Handle Pattern On Charts !

2020년 7월 9일

Cup & Handle Pattern Confirmation:
1) Forming cup with 'U' shape
2) The handle is getting formed in the upper half of the cup
3) The volume has decreased while forming the handle

Interpretation:
- The stock was in an uptrend until it hit the major resistance(near to all-time high)
- Selling pressure incurred due to people who were stuck at high prices
- Not many are selling (as volume has decreased), weak hands got removed
- Can consolidate for some time
- whenever volume starts increasing, it can test previous all-time high


Waiting for volume to increase for a fresh breakout.

2020년 8월 26일

거래청산: 타겟 닿음

Touched new all time high. 196.50. Cheers. :)