Cup And Handle
Riding the Waves: PPL Cup and Handle Pattern In recent chart analysis, PPL Corporation (PPL) appears to be crafting a classic Cup and Handle pattern, signaling exciting possibilities for traders seeking a bullish trend reversal.
However, it's essential for traders to exercise prudence, considering historical performance, market conditions, and risk management strategies to ride the potential upside wave in PPL stock. Keep a keen eye on the breakout and volume indicators, and may your trades be guided by informed decision-making. Happy trading!
Cup pattern breakoutDespite limited historical data, from an educational perspective, it's notable that the stock, after two years of trading on the stock market, exhibited a breakout. This breakout was accompanied by good volume accumulation before the actual breakout occurred.
In a general sense, such breakouts, especially when supported by volume accumulation, are considered significant technical events. They suggest a shift in market sentiment and interest in the stock. While historical data is limited, traders and investors can use this as a learning point to understand the importance of volume and breakout patterns in analyzing stock movements.
Cup pattern breakout The stock recently underwent a breakout from a cup pattern, and this breakout was characterized by strong trading volumes. Prior to the breakout, there was a notable accumulation of trading volume, indicating sustained interest and potential buying activity. The combination of a cup pattern breakout with good volumes and pre-breakout volume accumulation suggests a robust and well-supported bullish move in the stock. Traders and investors may find these technical signals compelling, pointing towards potential sustained upward momentum.
Follow proper risk management before taking trade.
Cup pattern BreakoutThe stock recently broke out of a cup pattern, and this breakout was accompanied by noteworthy volume accumulation that occurred before the breakout. The presence of good volume accumulation implies a gradual build-up of interest and buying activity, reinforcing the significance of the subsequent breakout. Traders and investors often find cup pattern breakouts with prior volume accumulation compelling, as they suggest a well-supported and potentially sustained upward move in the stock.
Multi year breakout after 16 yearsThe stock recently underwent a substantial multi-year breakout, marking a significant event after a prolonged 16-year period. What's particularly noteworthy is the consistent increase in volume leading up to the breakout, suggesting a steady accumulation of interest in the stock. This volume pattern indicates sustained buying activity before the breakout, emphasizing the potential strength of the move. Traders and investors may find these technical signals compelling, implying a well-supported and potentially enduring bullish trend in the stock.
Multi year breakout of 15 years with good volumesThe stock recently experienced a significant multi-year breakout, marking a notable event after 15 years. What adds to the significance is the good volume accumulation observed before the breakout, indicating substantial market interest and potential buying activity. This combination of a lengthy multi-year breakout and volume accumulation suggests a strong and well-supported bullish move in the stock. Traders and investors may find these technical signals compelling, indicating the potential for sustained upward momentum.
Cup and Handle Pattern Breakout - ORIENTHOTPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
IBREALEST - Weekly AnalysisIn the Weekly Chart of IBREALEST ,
we can see that; it is spending time near trendline since 3 weeks.
It has made a decision making candle.
Enter on breaking its high with low as SL.
EMAMI LTD WEEKLY CHART FORMATION OF CUP AND HANDLE PATTERNEmami ltd is showing wondeful formation of cup and handle pattern on all 3 major time frame i.e daily, weekly and monthly. Company has generated good profits over years and is cash rich company with healthy dividend of 8 rs per year.
*This is just for educational purposes. Trade at your own risk.
Cup and Handle Resistance Breakout - HEUBACHPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.