FITT - CUP WITH HANDLE
Updated
I bought my positions today
April 26, 2023
The reasons:
1. Low-risk entry
2. Cup and handle pattern
3. The stock up 100% more before forming this cup and handle
4. High relative strength stock
5. Constructive basing period
6. The stock is in its first base breakout
April 26, 2023
The reasons:
1. Low-risk entry
2. Cup and handle pattern
3. The stock up 100% more before forming this cup and handle
4. High relative strength stock
5. Constructive basing period
6. The stock is in its first base breakout
Trade active
I sold my positions half into strength at +25% profit on May 30, 2023.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.