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Cup And Handle

Cup & handle Breakout - RPOWERCurrent Price: ₹58.10 Technical Analysis: Cup & Handle Breakout Pattern: The provided chart for RPOWER shows a pattern that resembles a Cup & Handle, with a recent breakout above the resistance level around ₹58.10. A confirmed breakout with strong volume is typically a bullish signal. Target: ₹3100 Time Frame: 3 to 6 Years. This is an extremely ambitious long-term target, implying a massive increase from the current price. Fundamental Analysis : Sales (Revenue from Operations): Sales have been volatile over the years, with a peak in Mar 2017 at ₹10,396 Cr., declining to ₹7,562 Cr in Mar 2020, and then showing a recovery to ₹7,583 Cr in Mar 2025. Operating Profit: Fluctuating, reaching a high of ₹4,506 Cr in Mar 2017 and a low of -₹2,823 Cr in Mar 2020. It has recovered to ₹2,108 Cr in Mar 2025. Net Profit: The company has reported significant losses for several years. It posted substantial net losses from Mar 2020 (-₹2,952 Cr) to Mar 2023 (-₹4,068 Cr). Crucially, Reliance Power has reported a positive Net Profit of ₹2,948 Cr in Mar 2025. This marks a significant turnaround from previous years' losses. EPS in Rs.: Corresponding to the net profit, EPS was negative from Mar 2020 to Mar 2023, but turned positive at ₹9.34 in Mar 2025. Compounded Sales Growth: TTM: -4%. 3 Years: 0%. 5 Years: -7%. 10 Years: 1%. This indicates recent flat to declining sales growth, despite the recent profit recovery. Compounded Profit Growth: TTM: 91%. 3 Years: 22%. 5 Years: 7%. 10 Years: %. The TTM and 3-year profit growth figures are very strong, largely due to the turnaround from losses to profit. Return on Equity (ROE): Last Year: 0%. 3 Years: -10%. 5 Years: -7%. 10 Years: -1%. Despite the recent net profit, the compounded ROE remains negative, which suggests that the company is still grappling with past accumulated losses impacting equity. Key Fundamental Observations: Turnaround in Profitability: The most significant fundamental development is the shift from consistent losses to a positive Net Profit of ₹2,948 Cr in March 2025, and a positive EPS of ₹9.34. This is a crucial change. Debt: While not explicitly shown in the provided Profit & Loss or Shareholding Pattern images, Reliance Power has historically been burdened by high debt. The recent profit might be linked to debt restructuring or asset sales. P/E Ratio: Given the recent positive EPS of ₹9.34 and current price of ₹58.10, the trailing P/E would be around 6.22 (58.10 / 9.34). This is very low if the profit is sustainable. However, given the negative historical EPS and the "T.T.M. Profit Growth" at 91%, the market may still be cautious about the sustainability of this newfound profitability. Corporate Actions: Debt Resolution: Reliance Power has been aggressively pursuing debt reduction strategies. This recent significant profit could be a result of asset monetization, debt settlements, or specific financial restructuring efforts. Fundraising: The company has previously raised funds through various mechanisms to address its debt and financial obligations. Company Order Book: For a power generation company, the "order book" primarily refers to its Power Purchase Agreements (PPAs). The stability and duration of these agreements are crucial for revenue visibility. The recent profit turnaround suggests some improvements in operational performance and potentially better PPA realizations. Latest News: News related to RPOWER would predominantly focus on its financial restructuring efforts, debt resolution, asset sales, and the operational performance of its power plants. The recent positive financial results would be a major highlight. Any new power projects or significant PPA signings would also be key news. Overall Assessment & Viability of Target: The technical Cup & Handle breakout pattern is generally bullish. The most significant fundamental factor is the remarkable turnaround to a positive Net Profit and EPS in March 2025 after years of losses. This makes the company's financial health appear much stronger than before. However, the target of ₹3100 from ₹58.10 within 3-6 years is still extremely ambitious (over 50x return). While the recent profit is a massive positive, for such a target to be credible, the company would need to: Sustain Profitability: Demonstrate consistent, growing profits over multiple quarters and years, not just a one-off. Continue Debt Reduction: Maintain a strong focus on further reducing its debt burden. Improve Operational Performance: Ensure its power assets are operating efficiently and securing favorable PPAs. Re-rate by Market: The market would need to significantly re-rate the company's valuation based on sustained growth and profitability, moving it from a 'turnaround story' to a 'growth story'. The "Compounded Sales Growth" being negative for TTM and 3/5 years indicates that the profit growth is currently more due to cost control, debt reduction, or non-operating income/asset sales rather than core revenue expansion. For sustained profit growth, sales growth also needs to improve. Conclusion: The technical pattern and the very recent fundamental shift to profitability are encouraging. However, the long-term target of ₹3100 is highly aggressive and relies on the company not only sustaining its newfound profitability but also achieving exceptional, compounded growth for several years. Investors would need to carefully monitor the consistency of future profits, debt levels, and core business growth. Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Investing in turnaround stories and highly volatile stocks carries significant risks. Always conduct your own exhaustive research, assess the company's current and future financial viability, understand all associated risks, and consult with a qualified financial advisor before making any investment decisions.
NSE:RPOWERLong
by sara54654
ANGEL ONE - Potential Cup Pattern Breakout!Timeframe: Daily (1D) Pattern: Cup Formation (shown with arc) Setup: Price is forming a classic cup pattern. The neckline (arc resistance) is near 2538.40. Price has recently approached but faced resistance around the neckline. Once the price breaks above the arc line with strong volume, a bullish breakout could be confirmed! Targets After Breakout: 🎯 Target 1: 2800 🎯 Target 2: 3000 Stop-loss suggestion: As per your risk management. Notes: Price is currently below the 200 EMA. For a strong confirmation, look for a close above the arc and the 200 EMA with volume spike. Disclaimer This analysis is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any securities. Always do your own research and consult with a qualified financial advisor before making any investment decisions. Trading involves substantial risk.
NSE:ANGELONELong
by jeet20
Shiba INU - Bottom Buy confirmed istorical Pattern Repetition (2024 & 2025): The chart suggests that SHIB is following a repeated pattern cycle: Stage 1 – Falling Wedge (Completed) Stage 2 – Cup and Handle (Completed) Stage 3 – W Pattern (Recently Completed) Stage 4 – Inverted Head and Shoulders (Pending Formation) Key Highlights: ✅ Buying Zone Identified between 0.00001167 – 0.00001271 USD. 🎯 New Target: 0.00002431 USD, representing a potential 90% return from the buying zone. ⚠️ Breakout Awaited: Stage 4 pattern (Inverted Head and Shoulders) is pending confirmation, which could trigger a major upward move. 🔄 Emphasis on pattern repetition to project future price action. Conclusion: The chart analysis suggests that SHIBA INU is mirroring its previous bullish cycle. With three bullish stages already complete and the fourth (inverted head and shoulders) pending, a breakout could lead to a significant price rally targeting 0.00002431 USD.
COINBASE:SHIBUSDLong
by GKTrademanthan
CRV is Getting Ready For a Skyrocket Move (1D)CRV has formed a Cup & Handle pattern — a well-known structure that typically signals a bullish reversal. From a broader technical perspective, there's additional confluence suggesting a potential trend shift. If the most recent dip holds, it may confirm that CRV has completed its bearish cycle and has now entered a new five-wave bullish structure. Based on the current price action, it's likely that wave 3 is unfolding at the moment. Interestingly, the depth of the Cup & Handle formation aligns well with typical wave 5 targets, offering additional validation for this setup. In this scenario, the wave 3 target sits around $0.78, which also coincides with a previously untapped order block — adding further credibility to the level. For a longer-term outlook, wave 5 could extend above the $1.00 mark, depending on market conditions and overall momentum. Moreover, the Ichimoku Cloud is currently reflecting a bullish bias, with price action moving above the cloud and supportive Tenkan-Kijun alignment — reinforcing the overall bullish outlook. Achieving this target may take time — but as we all know, in crypto, time often behaves differently. — Thanks for reading.
Long
by vs_sayin
Total3 cup and handle pattern. Total3 appears to have formed a large cup and handle pattern which if materialized can catapult it towards 2 trillion in market cap. Which alt coins are going to capture the bulk of this tidal wave of money? In cryptocurrency, TOTAL3 refers to the total market capitalization of all cryptocurrencies, excluding Bitcoin (BTC) and Ethereum (ETH). It essentially represents the combined market cap of all altcoins (alternative cryptocurrencies). This metric is often used to track the performance of the broader cryptocurrency market, excluding the influence of the two largest cryptocurrencies.
CRYPTOCAP:TOTAL3Long
by ParabolicP
OSCR 1W — When the Chart Speaks Before the FundamentalsThe Oscar Health chart is currently forming a textbook cup and handle — a long-term reversal structure that has completed its base and is now breaking out of the consolidation zone. The bullish structure is confirmed through price action, volume, and positioning relative to key moving averages. The price has broken through the upper boundary of the handle, shaped as a descending wedge. The breakout is accompanied by increased volume — a clear sign of capital rotation out of accumulation. All major moving averages (EMA, MA50, MA200, WMA) are trending upward, and the price is holding above them all, confirming the bullish momentum. According to Fibonacci extension levels, drawn from the historical low of $1.50 to the peak near $23.26, the first wave target stands at $36.71 (1.618 level), with an extended target at $45.02 (2.0 level). Structurally, the setup suggests a medium-term scenario pointing from current levels toward the $36–45 range, with the potential to repeat the kind of explosive move seen during the 2023 phase, when the price increased more than sixfold. On the fundamental side, Oscar Health is actively recovering: in 2024, revenue grew by more than 50%, net losses were cut nearly in half, and the client base continued to expand. The company is strengthening its share in the digital insurance market and gaining support from institutional investors, including Morgan Stanley and Capital Group. The latest quarterly report was positively received. The breakout is technically clean and fundamentally supported. The immediate pullback zones sit at $14.95 and $13.40. Below that, moving averages may act as control zones for reaction.
NYSE:OSCRLong
by TotoshkaTrades
TSLA: Break-out above bull flag, possible cup and handle?So, a few days ago, I posted about a bull flag forming on the daily chart for Tesla. This flag pattern was a period of consolidation following an incredibly whooping rally from the $270 mark to around $350 (around a 30% or so gain). Today, we have a new break-out from this consolidation period, and as of writing right now, Tesla is up 7%. It has now breached the $350 resistance level. If you look more closely, the chart pattern resembles something close to a cup and handle pattern. You have the cup base going from the 20th of Feb 2025 all the way to the 14th of May 2025. Our bull flag which lasted between the 14th of May until the 23rd of May (last Friday), could as well be a handle for the cup base. A break-out from not only the bull flag but the cup and handle could signal a massive move towards $400, however $375 and $390 could be points of resistance, and it would be wise to watch for a cooldown in the short-term. Upcoming this week, it might worth mentioning that NASDAQ:NVDA earnings could have a strong impact on tech and affect Tesla - even if Tesla isn't much exposed to AI as the semiconductors. To conclude, target is $390-$400 however as we all know, nothing is guaranteed :) Note: Not financial advice. My analysis is not advice, rather just an idea. Please do your DD as well.
NASDAQ:TSLALong
by michaeldobski
GBP/USD manipulation going on right now ??gbpusd had a good rise the last few weeks/months, now its time to pay attention. the price is now ranging,. let me tell you what i think. a little bit higher there is a imbalance in the chart. for me and many others thats a reason to short. why do i think manipulation is going on? for the big people in order to go short they need to attract buyers, so how do they do that? they go long, they build up long orders to attract more buyers so the price doesnt go down and the shorts can get filled. thats what happening right now in my opinion. (i can be wrong) also the rsi is overbought (indicating downside could come ) in my opinion the price will be ranging for a week of 2, after that is wil go a bit higher to eventually come down big time , (like 5% or more) here is the setup i will take. no financial advice, just my thoughts
Short
by Professor_TradeStein
3
Curve (CRV) Structure Analysis (1D)BINANCE:CRVUSDT formed a rounded bottom (cup) and a minor rectangle, and it's currently attempting to break above the local $0.83 resistance. Key Levels to Watch • $0.64: Current support and minor rectangle lower boundary • $0.83: Current resistance, cup and rectangle upper boundary • $1.00: Measured target from the minor rectangle pattern • $1.30: Measured target from the cup pattern (within a key supply zone) Other Important Levels • $0.20: Key demand zone, and 2024 low • $0.40-$0.50: Key S/R dating back to November 2022, aligned with the cup bottom • $1.20-$1.30: Main supply zone, dating back to February 2023 A daily close above $0.83 with volume would confirm the breakout and trigger the targets.
Long
by AliferCrypto
Is this Bitcoin’s final push before altcoin season?Bitcoin breakout confirmed. But what if AVAX and other altcoins are where the real profits are hiding? Let’s talk targets, setups, and the coming shift in momentum. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
THINKMARKETS:BTCUSDLong
by ThinkMarkets