Cup w/ Handles

[IIC]

Hello everyone, I am brand new to this forum, and I figured I would start posting that I have a familiarity with... I am currently in medical school, and do not have great amounts of time to spend on investing however, I do get to look at it for atleast a small amount of time nearly daily... I have been investing for nearly 2 years now, however, that is total time... I took a while off, but I am getting back into it now...

I really enjoy this cup w/ handle topic here, and I think that a lot of the information on here is good... I hope that we can find even more cup w/ handles and put them up, as well as keep each other posted with regards to break out points... although I think maybe you guys call them flash points here???

I do have one question however with regards to the chart you gave for KAMN, why did you make a purchase of the stock before it hit its FP? It doesn't seem to make sense to buy on the handle before it has broken out??? although I am sure there is something I am not seeing....

In addition to this, could someone fill me in about the 180/190 MACD stuff that IIC was talking about? I would be interested in learning whatever this method is so that I may become an active poster with helpful stock ideas.... after all the more stocks we can analyze with sound evidence... the more money we should make!



Jerry

I'm back...First of all let me give you some terms I use:

Flash Point (F/P)=$.01 above the right side Cup High or another resistance point

Pivot Point (P/P)=$.10 above the right side Cup High or another resistance point

Pivot Window (P/W)=The upward price movement of the handle, preferably off of a support point (e.g. 20ema, 50sma, 10ema etc...) up to the Flash Point

Action Point (A/P)=The point where you consider a buy...However, this is subjective and only you can decide wher it is.

I like to buy these pre Break Out (B/O)...Often times I will trim as it approaches the F/P in case the Breakout fails.

There are other things I watch like Price/Volume (P/V)...But my main point is that I am not always looking for Breakouts.

As far as MACD...It is only one indicator that I use...Just because they crossover on the default criteria which is 12,26,9 doesn't mean they are gonna go up though...Actually, for my own purposes I use shorter term MACD's.

I'm not here to sell anything (Although I do OK on Google Clicks and Affiliate ads) but I have a site http://SharpTraders.com and a 1 -2x weekly CwH email (Which includes my Crystal Ball's MACD Crossover projections)...That's what that was all about....EVERYTHING I OFFER...Which are really just Pre-Work for those interested is FREE...My stuff is just ideas...NOT recommendations.

I would post more CwH stuff here if we could get a little more group participation on this thread.

Best, Doug(IIC)

[jae16]

Welcome Aboard Jerry...I'm at work right now...I'll respond either later this evening or tomorrow....Doug(IIC)

Look forward to it!

[IIC]

Welcome Aboard Jerry...I'm at work right now...I'll respond either later this evening or tomorrow....Doug(IIC)

[IIC]

Stickey: Nothing to feel dumb about...many of the Cups w/ Handles I post here or at my site are not "Classic" patterns...In fact, if I only posted the "Classics" you wouldn't see much of me...they are few and far between.

[jae16]

Yes Iceman you are correct…I realized the base of the cup was too short when I was brushing my teeth last night and felt like a dumb A after I figured it out. Thanks

yeah this is due to the fact that the base makes more of a V than a U...

[JohnHenry]

OK...see what you are talking about...but the cup time frame is too short...

Yes Iceman you are correct…I realized the base of the cup was too short when I was brushing my teeth last night and felt like a dumb A after I figured it out. Thanks

[jae16]

Sent out a chart of KAMN last night http://tinyurl.com/2kch64 May have to click the link and then click the chart to see it clearly depending on your monitor size

Hello everyone, I am brand new to this forum, and I figured I would start posting that I have a familiarity with... I am currently in medical school, and do not have great amounts of time to spend on investing however, I do get to look at it for atleast a small amount of time nearly daily... I have been investing for nearly 2 years now, however, that is total time... I took a while off, but I am getting back into it now...

I really enjoy this cup w/ handle topic here, and I think that a lot of the information on here is good... I hope that we can find even more cup w/ handles and put them up, as well as keep each other posted with regards to break out points... although I think maybe you guys call them flash points here???

I do have one question however with regards to the chart you gave for KAMN, why did you make a purchase of the stock before it hit its FP? It doesn't seem to make sense to buy on the handle before it has broken out??? although I am sure there is something I am not seeing....

In addition to this, could someone fill me in about the 180/190 MACD stuff that IIC was talking about? I would be interested in learning whatever this method is so that I may become an active poster with helpful stock ideas.... after all the more stocks we can analyze with sound evidence... the more money we should make!



Jerry

[IIC]

OK...see what you are talking about...but the cup time frame is too short...the right side cup hi is too low and the handle went too low.

I can see a larger chart if I click it...but at imageshack you can scroll down and copy an address that will post a full size chart...there are various addreses to choose from. You'll want to copy the first addy in the bottom section for posting here

[JohnHenry]

I don't see a Cup w/ Handle pattern in this one...Take a look at the Cups w/ Handles page at my site...I have some links on that page that describe the pattern including a few that have been mentioned by others.

Weekly is fine...But I do not have a good way to scan for weekly charts so I look for daily patterns...Sometimes people tell me about a weekly one and once in awhile I find one by chance.

I just spend sometime reading your cup and handle. I think I see a cup and handle but it seems that you do not. Would you please point out what I am read this is wrong? Thanks

btw...how can I get the image bigger?

[IIC]

Is this a good cup and handle? Looking at the daily or weekly is bestto find a cup and handle? thanks

Sorry if the image is kinda small...I don't know how to upload this yet and it's taking most of my lunch break...gotta go

I don't see a Cup w/ Handle pattern in this one...Take a look at the Cups w/ Handles page at my site...I have some links on that page that describe the pattern including a few that have been mentioned by others.

Weekly is fine...But I do not have a good way to scan for weekly charts so I look for daily patterns...Sometimes people tell me about a weekly one and once in awhile I find one by chance.

[IIC]

GMCR winning the dreaded Coffee War...f/p is 42.01 on the CwH

[JohnHenry]

Is this a good cup and handle? Looking at the daily or weekly is bestto find a cup and handle? thanks

Sorry if the image is kinda small...I don't know how to upload this yet and it's taking most of my lunch break...gotta go

[IIC]

Sent out a chart of KAMN last night http://tinyurl.com/2kch64 May have to click the link and then click the chart to see it clearly depending on your monitor size

[IIC]

KAMN handle moving up

[IIC]

Please check out this week's Cups w/ Handles and Patterns of Interest at http://SharpTraders.com


Thx...Doug(IIC)