Cup w/ Handles

[IIC]

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

Please take a look...Thanks, Doug(IIC)

[billyjoe]

Doug,
Here's one with a beautiful cup but no handle.......PAL.

-------------billyjoe

[IIC]

Doug,
Here's one with a beautiful cup but no handle.......PAL.

-------------billyjoe

Perhaps it will form a handle???

[stojakapimp]

What do you guys think of NITE and CGPI? Both look like they have already started the handle. NITE had a big up day today, but not on high volume. Do these usually need high volume to trigger a breakout?

[IIC]

What do you guys think of NITE and CGPI? Both look like they have already started the handle. NITE had a big up day today, but not on high volume. Do these usually need high volume to trigger a breakout?

The Mr. Breakout definition of a BREAKOUT is at least 1.5x Average Daily Volume(50 Day ADV)...But that doesn't need to happen until it actually crosses the flash point or pivot point

[stojakapimp]

What do you guys think of NITE and CGPI? Both look like they have already started the handle. NITE had a big up day today, but not on high volume. Do these usually need high volume to trigger a breakout?

Well look at that. The day after I see it, CGPI goes up nearly 30%. It's because of a merger though, and not the cup with handle, but still...wish i woulda gotten in on that one.

And NITE is having a nice up day, just about to break past it's previous high.

[IIC]

Well look at that. The day after I see it, CGPI goes up nearly 30%. It's because of a merger though, and not the cup with handle, but still...wish i woulda gotten in on that one.

And NITE is having a nice up day, just about to break past it's previous high.

Well...you never know why the CwH formed

[IIC]

MANT chart looks nice...needs some vol

[MEA_1956]

Take a look

GiFi === Take a look an see if this cup handle, if so is this where the price / share trends upward
ASH === Take a lookan see if this is a base of a cup
Marlin

[IIC]

GiFi === Take a look an see if this cup handle, if so is this where the price / share trends upward
ASH === Take a lookan see if this is a base of a cup
Marlin

Good eye MEA...But IMO GIFI was not really a Cwh...My take is that it needs a 20%+ move up to the left side cup high...some say 30%+

On the pattern you are seeing though...It already broke out.

Let's look at ASH

Could be forming a cup...appears possible...But only time will tell. Watch for the right side of a cup to form on increased volume.

Keep 'em coming...I don't post here that often because hardly anyone seems interested...CwH's are really a Bull Market chart...But I keep posting them at my site every weekend...For practice if nothing else...The market will get better...Eventually...I made over 80% of my profits last year from late April till late October when the market was good (sans a few summer weeks)

[IIC]

In my scans for CwH's which I'll post a little later I ran across 2 that are forming the right side of a cup...The first one is UNT...I show a weekly chart below.

The second is XTXI which really doesn't qualify because the run up to the left side high was not enough...But it is interesting nonetheless...I show a daily chart of XTXI...Doug(IIC)

[IIC]

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

Please take a look.

Thanks, Doug(IIC)

[IIC]

This week's Cups w/ Handles and Patterns of Interest (which are close to being CwH's) are updated at http://SharpTraders.com

Please take a look...Thanks, Doug(IIC)

[IIC]

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

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

[IIC]

PHTN 1 cent below F/p