Cup w/ Handles

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  • billyjoe
    Senior Member
    • Nov 2003
    • 9014

    Originally posted by IIC View Post
    Billy...FYI...We had 24 Breakouts last week out of 100...Not bad IMO
    Doug,
    24% is very good. Give me a list and I'll track how many of those break down next week.

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

    Comment

    • IIC
      Senior Member
      • Nov 2003
      • 14938

      Originally posted by billyjoe View Post
      Doug,
      24% is very good. Give me a list and I'll track how many of those break down next week.

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

      Geez!!!...What a pessimist
      "Trade What Is Happening...Not What You Think Is Gonna Happen"

      Find Tomorrow's Winners At SharpTraders.com

      Follow Me On Twitter

      Comment

      • skiracer
        Senior Member
        • Dec 2004
        • 6314

        Originally posted by IIC View Post
        Geez!!!...What a pessimist
        The sad part is that many of these are valid setups and merit keeping on a watchlist for actual entries and not just looked at as an exercise to see if cup and handle bases actually will breakout from their handles. It is a proven fact that these setups do breakout from their handles at some point. They should monitored for real life trades. 24 out of a hundred broke out. That's 25% out of the 100 that would have made anyone who was watching and serious about making money trading stocks a winner. Not all but a high percentage of these formations are valid setups and with the right plan would provide some nice gains.
        THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

        Comment

        • billyjoe
          Senior Member
          • Nov 2003
          • 9014

          Originally posted by IIC View Post
          Geez!!!...What a pessimist
          Doug,
          I'm looking at them as longer term investments than you .

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

          Comment

          • IIC
            Senior Member
            • Nov 2003
            • 14938

            A few gapped and were not tradeable at the flash point.

            Billy...you have nothing to worry about...I'm sure you have your 7% stop in...
            "Trade What Is Happening...Not What You Think Is Gonna Happen"

            Find Tomorrow's Winners At SharpTraders.com

            Follow Me On Twitter

            Comment

            • IIC
              Senior Member
              • Nov 2003
              • 14938

              Well...anyone like any on this week's list?...I know Ski likes FRPT...me too...Anyone else?
              "Trade What Is Happening...Not What You Think Is Gonna Happen"

              Find Tomorrow's Winners At SharpTraders.com

              Follow Me On Twitter

              Comment

              • billyjoe
                Senior Member
                • Nov 2003
                • 9014

                Doug,
                I like GTI and ROY on your other list. It will take me a while to catch up with the cup/handle list. You must have stock symbols in your dreams.

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

                Comment

                • New-born baby
                  Senior Member
                  • Apr 2004
                  • 6095

                  Originally posted by IIC View Post
                  OK...I posted this week's Cup w/ Handle List at http://SharpTraders.com Please take a look.

                  As promised I set up the format so that you can quickly scan the charts. I also posted them vertically and horizontally for easy copying/pasting into your streamer...Good Luck...Doug(IIC)



                  .
                  Doug,
                  You are simply a walking stock-market encyclopedia. Thank you for the Cup with Handles list. I love it!

                  BIDU is very impressive.
                  pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                  Comment

                  • New-born baby
                    Senior Member
                    • Apr 2004
                    • 6095

                    Vlo

                    Doug,
                    How about this one?
                    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                    Comment

                    • IIC
                      Senior Member
                      • Nov 2003
                      • 14938

                      That was a nice one(VLO)

                      But beers are on Peanuts if he still owns OCAS...

                      Darn Ski...I shoulda held...OCAS is up 29% this morning
                      "Trade What Is Happening...Not What You Think Is Gonna Happen"

                      Find Tomorrow's Winners At SharpTraders.com

                      Follow Me On Twitter

                      Comment

                      • IIC
                        Senior Member
                        • Nov 2003
                        • 14938

                        Watching GSOL for a buy
                        "Trade What Is Happening...Not What You Think Is Gonna Happen"

                        Find Tomorrow's Winners At SharpTraders.com

                        Follow Me On Twitter

                        Comment

                        • IIC
                          Senior Member
                          • Nov 2003
                          • 14938

                          I bot GSOL as posted on my thread...Also, nice breakout on MTL
                          "Trade What Is Happening...Not What You Think Is Gonna Happen"

                          Find Tomorrow's Winners At SharpTraders.com

                          Follow Me On Twitter

                          Comment

                          • peanuts
                            Senior Member
                            • Feb 2006
                            • 3365

                            Originally posted by IIC View Post
                            That was a nice one(VLO)

                            But beers are on Peanuts if he still owns OCAS...

                            Darn Ski...I shoulda held...OCAS is up 29% this morning
                            yessir! Quite a beautiful day, today. Sunny with not a cloud in sight. The grass is greener than a leprechaun's hat, and so is the wonderful OCAS

                            The power of the C&H should now be evident to doubters.

                            Samual Smith's Oatmeal Stout, ok?
                            Hide not your talents.
                            They for use were made.
                            What's a sundial in the shade?

                            - Benjamin Franklin

                            Comment

                            • IIC
                              Senior Member
                              • Nov 2003
                              • 14938

                              Originally posted by peanuts View Post
                              yessir! Quite a beautiful day, today. Sunny with not a cloud in sight. The grass is greener than a leprechaun's hat, and so is the wonderful OCAS

                              The power of the C&H should now be evident to doubters.

                              Samual Smith's Oatmeal Stout, ok?

                              How come I was not informed about the buyout on Friday??????
                              "Trade What Is Happening...Not What You Think Is Gonna Happen"

                              Find Tomorrow's Winners At SharpTraders.com

                              Follow Me On Twitter

                              Comment

                              • peanuts
                                Senior Member
                                • Feb 2006
                                • 3365

                                Originally posted by IIC View Post
                                How come I was not informed about the buyout on Friday??????
                                you mean that you couldn't see it in the chart?
                                Hide not your talents.
                                They for use were made.
                                What's a sundial in the shade?

                                - Benjamin Franklin

                                Comment

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