Tag Archives: cup and handle formation
THE CUP AND HANDLE PATTERN
The Cup and Deal with is the corrective motion after an impressive stock develop. Typically a stock could have a formidable transfer of some 2 to four months, then undergo a market correction. The stock will sell off into the correction in a downward model for perhaps 20 to 35 % off the previous excessive level. The time issue is usually anyplace from eight to 12 weeks relying on the general market situation.
Because the stock comes as much as take a look at the previous