Every cup with handle pattern is not viable. These surprising things to avoid in cup and handle pattern will prevent trapping in bad stocks.
Cup with handle is a bullish continuation pattern that can be compared to the typical shape of a tea cup. This unique yet very common chart pattern was originally introduced by William O’Neil.
But, the formation & recognition of cup and handle chart pattern is not as straightforward as it may appear to a newbie. It does have several discrepancies that may confuse a trader or investor from time-to-time.
Therefore, you need to adopt some basic rules to analyze this pattern in technical chart. Additionally, you need to catch certain signals that are likely to fail the significance of this pattern formation.
Read more at: http://getupwise.com/finance/investments/stocks-mutual-fund/10-surprising-things-avoid-cup-handle-pattern/
Our slideshare content is intended for educational purpose only. It’s not intended for the purpose of replacing professional financial advice.
Follow Us On....
Facebook: https://web.facebook.com/getupwise
Twitter: https://twitter.com/GetUpWise
Google Plus: https://plus.google.com/u/0/114410131743470430654/posts
Pinterest: https://in.pinterest.com/getupwise/
Tumblr: http://getupwise.tumblr.com/
Flickr: https://www.flickr.com/photos/136979772@N03/
30. 20 Basic Rules To
Analyze Cup And
Handle Chart
Pattern
10 Basic
Characteristics Of
Cup And Handle
Chart Pattern
31.
32. Online platform to gain smartness in wide range of
subjects like finance, health, career, automobile, tours
& travel, and many more….
Image Source: Gilmoreport, Stockcharts, Investopedia, Optionalpha, Fighting.ru, NewYork
stock exchange, Fool, Pinguinoeconomico, Investors, Google Images& Shutterstock
33. Our video content is intended for
educational purpose only. It’s not
intended for the purpose of replacing
professional financial advice.
