Handle Formation?

If my hypothesis is correct then the "Handle" of a cup and handle is forming. that being said the Jasmy chart looks as if it is forming the "inverse Cup & Handle" which is the same thing upside-down, or 1/cup of handle for math inclined folks. A realistic finishing move for the end of Handle would be around .08 cents which, if played correctly, can be a profitable move. We will see. More to follow but open to hearing refutable ideas