Cup w/ Handles

[IIC]

Billy...rather strange pattern...I wouldn't say it meets CwH criteria...But perhaps PoI

[IIC]

Doug,
Here's one that has almost everything. CRMH has 2 cups, a handle, gaps up and down, is in the zone for a bearish gapfib and .15 from being in the zone for a bullish gapfib. Something for everyone. You don't have to thank me.

CRMH 4.20 bearish zone Can't figure but target is 0

CRMH 4.20 bullish zone 3.62- 4.05 target 6.45

So it's either going out of business or hitting 6.45 take your pick

----------------billy

"Something For Everyone"...My wife swears that she was the one who started that saying...Now we hear it all the time in ads...We used to have periodic yard sales in the 80's and 90's and she put that little saying in all the local newspaer ads and on the flyers I posted.

[billyjoe]

Doug,
Here's one that has almost everything. CRMH has 2 cups, a handle, gaps up and down, is in the zone for a bearish gapfib and .15 from being in the zone for a bullish gapfib. Something for everyone. You don't have to thank me.

CRMH 4.20 bearish zone Can't figure but target is 0

CRMH 4.20 bullish zone 3.62- 4.05 target 6.45

So it's either going out of business or hitting 6.45 take your pick

----------------billy

[IIC]

I bot LOOP from this week's list in the pivot window...50sma provided support but I didn't get in till 13.40's...Doug

PS: Flash Point is 14.48

[IIC]

Whenever Mrs. Billyjoe's car needs tire rotation, I just buy her a new car, same way with oil changes, even when it gets dirty. Money is nothing to me. Not since I've been going to IIC's http://SharpTraders.com

---------------billy

Whoa...I better keep my wife away from you...On second thot...LOL

[billyjoe]

Whenever Mrs. Billyjoe's car needs tire rotation, I just buy her a new car, same way with oil changes, even when it gets dirty. Money is nothing to me. Not since I've been going to IIC's http://SharpTraders.com

---------------billy

[IIC]

This week's CwH's and PoI's are updated at http://SharpTraders.com

Just click the Cups w/ Handles page over to the left in the TOC.

Normally I post the lists a little earlier but I had an oil change date w/ my wife at Jiffy Lube this morn...And since this is our Anniversary month I thought I'd spring for a tire rotation on her car...She appreciated it every bit as much as that new 24" push broom I bot her at Home depot yesterday...Whatta Guy!!!

[IIC]

Doug,
You'd think cup w/handles with a gap up on the right side would be awesomely bullish. I'm going to track a few and see if this assumption is correct.

--------------billy

Perhaps they could be considered High Flags too???

[billyjoe]

Doug,
You'd think cup w/handles with a gap up on the right side would be awesomely bullish. I'm going to track a few and see if this assumption is correct.

--------------billy

[IIC]

Our CwH and PoI lists are updated for this week ...Please take a look at http://SharpTraders.com

Thx...Doug(IIC)

[IIC]

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

Additionally, here are some that may be forming the right side of a cup: http://stockcharts.com/charts/candle...UTSI,ALY,EXM|D

Please take a look...thx...Doug(IIC)

[IIC]

MPWR bounced off the 20 ema the other day...looks good in the Pivot window...Flash Point is 24.39 on the CwH

[billyjoe]

Ski,
I did sell SAPE for a little under 7% loss , but I bought a little above the buy zone. In pre-market RIMM is over the target at 136+ so may be selling it today. Freeing up $$$ for buying more setups.

--------------billy

[skiracer]

Ski,
The 2 best I own right now would be RIMM and SID, both could possibly reach targets soon. As you know SAPE didn't make it and I sold to concentrate on better setups. Also my daughter owns NYX which hit goal last week. The more I get into this the more I'll be trading.

----------------billy

was just curious if you were trading any of the gapfib setups. what was the % loss on SAPE. glad to see that you have enough confidence to trade them. now you have to get used to bailing at a reasonable stop loss if they go that way. good luck.

[billyjoe]

Ski,
The 2 best I own right now would be RIMM and SID, both could possibly reach targets soon. As you know SAPE didn't make it and I sold to concentrate on better setups. Also my daughter owns NYX which hit goal last week. The more I get into this the more I'll be trading.

----------------billy