Hello Falcon Traders
Once again i have come up with an example of Cup and Handle Pattern in making.
This will help you to spot the pattern clearly once its forming up.
The points to note are as enumerated below
first - Time Frame - Always analyze the chart on the higher time frame. in this case i am using Weekly Time Frame.
Secondly -Price Rise - ...
Cup and Handle pattern on weekly chart has formed and Breakout with high volume has occurred above the neckline. This stock has the potential to double in no time.