Long
$JCOM weekly C&H breakout #cupandhandle #chartpattern #stocks
JJCOM is breaking out from a year and a half Cup & Handle pattern on the weekly chart
MACD and RSI very supportive of the move , only remark here is that I would have liked a bit more volume to support this move
Could wait for a potential retest of the breakout line around 91
First measured target is around 104-105 second target around 116-117
MACD and RSI very supportive of the move , only remark here is that I would have liked a bit more volume to support this move
Could wait for a potential retest of the breakout line around 91
First measured target is around 104-105 second target around 116-117
Trade active
First target area reached,Congrats longs
TA
Trade closed: stop reached
Stop after the breach of cup necklineTA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.