Picture perfect!
13 week cup and handle base. around 2 week handle.
Volume contraction is very good.
shakeout in the base
only red flag is 33% depth of the cup.
if stays above 70 (weekly S/R) - may touch 100.
Volume contraction is very good.
shakeout in the base
only red flag is 33% depth of the cup.
if stays above 70 (weekly S/R) - may touch 100.
Note
21% move in 3 days
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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.
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.