Cup w/ Handles

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  • IIC
    Senior Member
    • Nov 2003
    • 14938

    GMCR winning the dreaded Coffee War...f/p is 42.01 on the CwH
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

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    • IIC
      Senior Member
      • Nov 2003
      • 14938

      Originally posted by StkyTreat View Post
      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.
      "Trade What Is Happening...Not What You Think Is Gonna Happen"

      Find Tomorrow's Winners At SharpTraders.com

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      • JohnHenry
        Senior Member
        • Mar 2006
        • 1020

        Originally posted by IIC View Post
        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?

        Comment

        • IIC
          Senior Member
          • Nov 2003
          • 14938

          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
          "Trade What Is Happening...Not What You Think Is Gonna Happen"

          Find Tomorrow's Winners At SharpTraders.com

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          • jae16
            Member
            • Jan 2008
            • 86

            Originally posted by IIC View Post
            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
            ~Jerry

            Comment

            • JohnHenry
              Senior Member
              • Mar 2006
              • 1020

              Originally posted by IIC View Post
              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

              Comment

              • jae16
                Member
                • Jan 2008
                • 86

                Originally posted by StkyTreat View Post
                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...
                ~Jerry

                Comment

                • IIC
                  Senior Member
                  • Nov 2003
                  • 14938

                  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.
                  "Trade What Is Happening...Not What You Think Is Gonna Happen"

                  Find Tomorrow's Winners At SharpTraders.com

                  Follow Me On Twitter

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                  • IIC
                    Senior Member
                    • Nov 2003
                    • 14938

                    Welcome Aboard Jerry...I'm at work right now...I'll respond either later this evening or tomorrow....Doug(IIC)
                    "Trade What Is Happening...Not What You Think Is Gonna Happen"

                    Find Tomorrow's Winners At SharpTraders.com

                    Follow Me On Twitter

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                    • jae16
                      Member
                      • Jan 2008
                      • 86

                      Originally posted by IIC View Post
                      Welcome Aboard Jerry...I'm at work right now...I'll respond either later this evening or tomorrow....Doug(IIC)
                      Look forward to it!
                      ~Jerry

                      Comment

                      • IIC
                        Senior Member
                        • Nov 2003
                        • 14938

                        Originally posted by jae16 View Post
                        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)
                        Last edited by IIC; 01-05-2008, 12:16 AM.
                        "Trade What Is Happening...Not What You Think Is Gonna Happen"

                        Find Tomorrow's Winners At SharpTraders.com

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                        • jae16
                          Member
                          • Jan 2008
                          • 86

                          Originally posted by IIC View Post
                          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)
                          Well I am certainly gonna check out the site, and sign up for the cup w/ handle mailer...

                          one question is, how are you going through so many charts? Where are you finding them all, and how do you click through them so quickly... in addition to this, what time frame are you making your standard analysis with... ie 3 mo. 6 mo. 1 yr???

                          I was also wondering what kind of participation are you looking for in this forum... did you want additional cup w/ handle patterns that we find... or what?
                          ~Jerry

                          Comment

                          • billyjoe
                            Senior Member
                            • Nov 2003
                            • 9014

                            Doug,
                            "Pivot Window"...............Excellent! I'd define it as area between low point of handle and flash point, but what's a few cents either way?

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

                            Comment

                            • IIC
                              Senior Member
                              • Nov 2003
                              • 14938

                              Originally posted by jae16 View Post
                              Well I am certainly gonna check out the site, and sign up for the cup w/ handle mailer...

                              one question is, how are you going through so many charts? Where are you finding them all, and how do you click through them so quickly... in addition to this, what time frame are you making your standard analysis with... ie 3 mo. 6 mo. 1 yr???

                              I was also wondering what kind of participation are you looking for in this forum... did you want additional cup w/ handle patterns that we find... or what?


                              I'm always looking for ones I don't find...Also looking for critques on the ones I do find.

                              I look at a MINIMUM 800 charts...but sometimes up to 2000 each weekend...And sometimes I look at more during the week when I have time.

                              I look at most charts DAILY 6 months or One Year.

                              I run the CwH scan at Stockfetcher.com...That gives me a few

                              I run some basic fundamental scans from my database...which you cannot do...I can just flip thru the charts Bamm Bamm Bamm

                              I run some scans via some other sites...I scan all of my own IIC 100 and the IBD 100 stocks...Of course I look at last week's lists...Put them in a Stockcharts.com folder and I can see the small 1 year charts 30 up...I jot down the interesting ones for a closer look.

                              If I'm still below 800 then I might look at the Naz 100 or some other index.
                              "Trade What Is Happening...Not What You Think Is Gonna Happen"

                              Find Tomorrow's Winners At SharpTraders.com

                              Follow Me On Twitter

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                              • IIC
                                Senior Member
                                • Nov 2003
                                • 14938

                                Originally posted by billyjoe View Post
                                Doug,
                                "Pivot Window"...............Excellent! I'd define it as area between low point of handle and flash point, but what's a few cents either way?

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

                                OK...Gotta give Billy credit...He's the one that came up with the term PIVOT WINDOW because I never had a name for it
                                "Trade What Is Happening...Not What You Think Is Gonna Happen"

                                Find Tomorrow's Winners At SharpTraders.com

                                Follow Me On Twitter

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