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Cupandhandlebreakout

Cup and Handle chart patternThis chart pattern is shaped like and resembles like a cup and handle that's why its named the same as cup and handle chart pattern. Shape: A “U” shaped bottom is preferred over a “V” shaped bottom as it indicates more consolidation. Ideally, the highs on either side of the cup should be equal. Duration of formation: The cup can take anywhere from 1 to 6 months to form, while the handle should take 1-4 weeks. Confirmation: The pattern is confirmed as bullish when the price breaks above the previous highs (the neckline) with strong volume. A buying opportunity arises when the price moves above the old resistance level (right side of the cup). Volume: Volume should decrease as prices fall to form the base of the cup and remain below average. As the price begins to rise again, volume should increase. Target: The profit target is calculated based on the depth of the cup. Measure the distance from the bottom of the cup to the neckline and extend that distance upward from the breakout level. Also it can give sometimes three times of depth of the cup. Risk Management: A stop-loss can be placed at the bottom of the handle or below a swing low within the handle if there were multiple price oscillations. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Thanks RK💕 Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:SUZLONEducation
by RK_Chaarts
7
SHANKARA forming a clean cup and handle patternSHANKARA has formed a long cup and handle pattern. Good scrip to go long as company has good fundamentals and is in the basket of #INFRA theme. Stoploss can be placed @ 660. *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
NSE:SHANKARALong
by nishant_bhatt
1
BITCOIN - Cup n Handle PatternsBITCOIN 4 hr. Chart Analysis This Bitcoin Analysis based on previous 1-year cycles of DOWN-UP performing pattern of CUP n HANDLE. So, first one CUP was in DOWN side that indicates HANDLE at Uptrend Pattern, while second one is in Reversal mode of CUP indicates into UPPER mode n HANDLE that will be shown the indications of soon Downtrend into coming days. As per Pattern, the Ratio of CUP n HANDLE pattern growth up to 1/2 to 1/3 ratio of cut-off marks, it shows that soon CRYPTOCAP:BTC will be into Downtrend cycle of minimum $28-26k while maximum up to $24.8k to $22.5k approx. Always #DYOR and Trade wisely by using of #StopLoss MUST LIKE & SHARE...
KRAKEN:BTCUSDShort
by AskToRahulSirohi
An Apt Breakout in APTECHTCompany has reduced debt. Company is almost debt free. Company is expected to give good quarter. Company has delivered good profit growth of 20.7% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 83.5% Debtor days have improved from 158 to 118 days. Company's working capital requirements have reduced from 153 days to 80.5 days Aptech Ltd. is a pioneer in the non-formal education and training business in the country with a significant global presence. It was established in 1986 and has 800 centers. It has a presence in diverse sectors ranging from IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance, and pre-school segment amongst others. It has successfully trained students, professionals, universities & corporates through its two main streams of business - Individual Training and Enterprise Business Group .
NSE:APTECHTLong
by CannySunny
4
SOMICONVEYOR Elliott wave counts along with cup n handle Hello Friends, Here we had shared possible Elliott wave counts on SOMI CONVEYOR BELT in which wave structure is clearly indicating impulse up move ahead, along with cup and handle chart pattern breakout, which is itself a fresh bullish signal. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:SOMICONVEYLong
by RK_Chaarts