More Cup and Handles!?!?
These are just possible scenarios and not financial advice. Two Bullish, One Bearish. Short-term Cup&Handle takes us to 6.11ish...which would have the original monster Cup and Handle's same target! Ascending triangle to 7.50...maybe checking in around $4.62 again before heading there? If she drops to $4.37, making a flat bottom, expect a drop towards $3.27. Unfortunately, the bearish scenario would be confirmed by both the short-term .382Fib AND the target of that nasty H&S we were hoping got stifled the other day...Good luck.
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