nalinakshi

CUP AND HANDLE PATTERN

nalinakshi 已更新   
NASDAQ:ICHR   Ichor Holdings
can buy at the level of 24.46
评论:
As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities. Below is an example of a cup and handle chart pattern:

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