Long

SUI Cup and Handle

By TheCoinCowboy

Updated

It is my prediction that a cup and handle will play out for SUI. First trending back down to around $1.45 before it's ascent to $3.45

Trade closed: target reached

Yayyyyy!!!! Target reached... happy dance please.... :) Sold at $3.40.

Note

Note, this did not retrace all the way down to $1.45, but to the area around $1.60 before taking off. Stopping down around the 0.382 fib mark instead of 0.5.

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