Cup & Handle playing out
Large cup with a bullish pennant as the handle.
Another cup with a bull flag as a handle has formed toward the apex of the bullish pennant.
Larger cup 1.618 Fib level is at $3.96.
Bullish Pennant 1.618 Fib is at $2.45.
Smaller Cup & Handle 1.68 Fib is at $1.83.
Take profits at the aforementioned fib levels and at $1.45 (0.786 fib level of the pennant).
NFA
Another cup with a bull flag as a handle has formed toward the apex of the bullish pennant.
Larger cup 1.618 Fib level is at $3.96.
Bullish Pennant 1.618 Fib is at $2.45.
Smaller Cup & Handle 1.68 Fib is at $1.83.
Take profits at the aforementioned fib levels and at $1.45 (0.786 fib level of the pennant).
NFA
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