Cup w/ Handles

[Jimlakeside]

Doug,

Thanks for your insight on these charts as I am new to chart reading. Any information that I can get is helpful to me. I will re-look at each one and follow them just to see what happens. Thanks again.

[skiracer]

Doug,

I am looking at DMND, INT, and CERN. Seems all three hare forming handles. What do you think? Thanks,

Jim

i looked at all three charts. on the daily charts i think dmnd is already past the handle point at 27 where it formed its initial handle and broke to the upside. it looks to be trying to reassert itself and there may be a play there at this point. the weekly has formed a double bottom base and it looks like it is starting a handle formation now. i would watch the weekly and wait it out a bit more.
Int never reached the top of its peak of the left side of its cup base at 35.81 range and looks to be forming a weak ascending or symetrical triangle on the daily. the weekly looks terrible and is right at resistance at it's 200 ma. i wouldnt touch it.
regarding cern neither the daily or the weekly are enticing to me. i would be looking for other cup bases that are more uniform and true to the definition. the weekly chart, which is more reliable to trade from is banging up against resistance at it's 200 ma. i dont see anything there that would make me want to trade it.

[Jimlakeside]

Cups with handles

Doug,

I am looking at DMND, INT, and CERN. Seems all three hare forming handles. What do you think? Thanks,

Jim

[IIC]

This week's CwH's and PoI's are updated...Not as many as last week but still a decent number of 'em.

Please take a look at http://SharpTraders.com

Thanks, Doug

[IIC]

Whew!!!...We seem to be getting back to the old days...Quite a few Cups w/ Handles and Patterns of Interest this week... Please take a look at http://sharptraders.com/_wsn/page7.html
Best, Doug

[IIC]

This week's Cups w/ Handles and Patterns of Interest are updated at http://SharpTraders.com

Interesting to note that although far from the number we had in our heyday each list has more than any other week since the beginning of September when the market rolled over.

Thanks, Doug

I first read that pattern in How To Make Money In Stocks: A Winning System in Good Times or Bad. I never use this pattern though.

[IIC]

This week's Cups w/ handles and Patterns of Interest are updated...Please take a look at http://SharpTraders.com
...Thx, Doug

[IIC]

This week's Cups w/ Handles and Patterns of Interest are updated at http://Sharptraders.com ...Please take a look...Thanks, Doug

[IIC]

The Cups w/ Handles are back...The Cups w/ Handles are back http://sharptraders.com/_wsn/page7.html

[IIC]

This week's Cups w/ Handles and Patterns of Interest are updated...Still nothing like the heydays of mid '07 when we had over 100 of 'em...But I did notice a lot of right side cups forming...We'll see...Please take a look at http://SharpTraders.com Best, Doug

[IIC]

Sorry for the late post...My host's editing feature was down most of the day...But fixed now...This week's Cups w/ Handles are now updated at http://SharpTraders.com ...Doug

[IIC]

After a 2 week hiatus I have posted this week's Cups w/ Handles and Patterns of Interest at http://Sharptraders.com ...Feel free to take a look...thx, Doug

[IIC]

CwH's

FYI...This week's Cups w/ Handles and Patterns of Interest are updated...Still not many although last week's lists did rather well.

Please take a look at http://SharpTraders.com

Thx...Doug

[IIC]

FYI...This week's Cups w/ Handles and Patterns of Interest are updated at http://SharpTraders.com

Please take a look...Thx, Doug