Browse Stacks: Patterns: Cup Handle: slopechart_HD.jpg


The first cup and handle follows the traditional guidelines of following an uptrend with a U-shaped bottom. The current one has more of a V-shaped bottom and doesn't follow an uptrend. The first one reached its' target. We'll see how this one does in the weeks to follow.

Image added via SlopeCharts


ZeroPointMind ΦZeroPointMind Φ
V shape bottoms are more akin to an IHS than a cup and handle. Market observers have seen many V shape bottoms since 2009. They signal the time to hold your nose and buy. 4/3/19