DTT Buzz

A Cup with Handle (inverse cup with handle) continuation pattern is traded almost exactly the same an Ascending Triangle (descending triangle). The only real difference is the shape of the stock price pattern. The resistance (support) line is referred to as the lip. When the Cup with Handle breaks the lip there is generally a retrace to the resistance turned support line. After the retrace, the stock price usually breaks out in equal measure to the distance between the cup bottom (top) and lip line.


Happy Trading

Keith Greff Jr
Jr Trade Analsyt