IDXX. Cup&Handles. What will be the next move?
At the chart are represented 3 C&H's. At the first time it was handle forming with relative volume and than downward move due to pandemic.
The second time, handle was also formed with relative volume and after that it was upward move.
Now, when the price is also at AH, C&H is also forming but the handle is forming with rising volume.
Just an observation, not a reccomendation.
The second time, handle was also formed with relative volume and after that it was upward move.
Now, when the price is also at AH, C&H is also forming but the handle is forming with rising volume.
Just an observation, not a reccomendation.