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The cup portion happens when a strong uptrend ... but are well worth the effort. These stock chart patterns are very strong directional indicators and can earn good profits for the investors ...
The "handle" forms on the right side of the cup in the form of a short pullback that resembles a flag or pennant chart pattern. Once the handle is complete, the stock may breakout to new highs and ...
According to Van Lagen, the cup-and-handle pattern has appeared on the altcoin market bi-weekly chart. It consists of a U-shaped price movement (cup), which represents a period of gradual decline ...