CanfinHomesCanfinhomes made cup n handle pattern on daily charts with very good volumes & trading above neckline comfortably.
Could be bought with mentioned stoploss & targets.
Cupandhandlebreakout
XAUUSD SPOT GOLD LONG SWING Cup & Handle PatternOANDA:XAUUSD
The 4H XAUAUD is set up on the finish of a cup and handle pattern
and so bullish continuation is about to ensue.
The chart shows the depth /height of the cup.
I will enter when the basis of the Bollinger Bands reverses into an uptrend.
Stop loss will be outside the LBB at that time or alternatively the recent swing low.
Targets, as drawn to the chart, are the POC of the volume profile, the triple top of June
and the double top of May as also shown with arrows.
I expect this to be a high probability trade for a few months with a high yield compared
with the risk. Teh gold bull run will be fueled by continued inflation the erosion of
dollar value (DXY) as well as fear and the flight to safety (VIX).
What is your opinion ?
BOIL Leverage 3X Natural Gas ETF Cup and Handle LONG AMEX:BOIL
BOIL is showing a cup and handle pattern at present
lending increased probability of a bullish continuation
that could yield a 50% price rise over the 45-day width of
the cup. Macro and fundamental factors support ongoing
natural gas price escalations including the supply issues
in Europe, the heat wave from climate change causing
and so on. The cup and handle on a relatively long time
frame increases both its reliability and the time period
for which the pattern to play out.
TSLA possible Cup and Handle on the Daily Chart. $1290 targetTSLA appears to be setting up a cup and handle formation on the daily chart.
A measured move for this pattern would take price to new all time highs at 1290.43.
A nice bottoming pattern was put in over the last few months, and a new bullish sequence has been in play.
Short term target of 981.42 based on fib set up.
US Stock In Play: $MERC$MERC - Basic Materials | Paper Products
this have appeared in various scans on daily basis for over a month
now trading at pivot to BO lvl of a C&H pattern to rising KMAs including 200MA (which is pretty rare at this period of the market)
latest YoY ER +234% EPS, +42% sales
ESLT breakout from cup & handleNASDAQ:ESLT is in the Aerospace/Defense Group.
I bought a small position on this breakout.
I like that it made a huge gap up and it could fill it, that is strength.
#3 Bullish Pattern: Cup and HandleRanked at #3 in the Bullish Pattern series is the Cup and Handle Pattern.
Cup and handle pattern typically takes many months to form but the pattern is unmistakable similar to a cup with a handle.
The pattern begins with a sell off with volume, tapering off and remaining flat before volume picks up and forms the right side of the cup.
There are 2 types of Cup and Handles.
U shaped -A longer, flatter bottoms provide stronger signal.
V shaped - V quickly recovers, should be avoided.
Handles decline can be up to 1/3 of the cups right side with traditional handle performing a test at the 50% retracement level.
The price target is calculated using the bottom of the cup and the handles breakout.
In the case of CHWY, the breakout to the price target is nearly complete (may already be in at 52).
The next bullish pattern is #4 The Bull Flag
ABFRLABFRL made cup n handle pattern on daily/hourly charts & comfortably trading above cup with good volumes.
Could be bought with mentioned stoploss & targets.
$CI is breaking out of a ~14 month cup with handle pattern!Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Breaking out of a ~14 month cup with handle pattern
* It did break out before but then pulled back (seems like a shakeout)
* Now it's been in a tight range just above the broken resistance creating new support
* The last session printed a pocket pivot indicating institutional buying
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 5.55
Relative Strength vs. SP500: 28.95
U/D Ratio: 1.77
Base Depth: 43.95%
Distance from breakout buy point: 1.09%
Volume -5.44% below its 15 day avg.
Trade Idea:
* You can enter now as the price is just above the broken resistance with the last session being a pocket pivot
* If you want a better entry you can look for one around the 270.1 area
* This stock usually has local tops when the price closes around 9.18% above its 50 EMA
* Consider selling into strength if the price closes 8.98% to 9.38% (or higher) above its 50 EMA
* The last closing price is 3.9% away from its 50 EMA
India Cement Long - For educational purposePositional we can buy India cement above 174.30 stop loss 169 closing basis.
Target 1 : 180
Target 2 : 186
Setup:
Cup and handle pattern
Inside candle in daily chart
Cup and handleCup and handle base breakout with huge volumes, In a Stage 2
Stock is extended from key moving averages which is a concern, but similar patter is observed in the base, where the stock still surged upwards
shakeout in base as well
good EPS and sales growth in the last three quarters
Position sized 10%, bought at 294
Stop below days low
Not an investment/trading advise. Publishing for my own reference.
PSN - Cup and Handle? VCP? Visually appealing Cup and Handle? VCP?
Looks visually appealing.
Sometimes the best setups I'm not able to assign words to it. Just a visually appealing pattern.
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas
INDUSINDIndusind made cup n handle pattern on hourly charts & trading well above the neckline with good volumes.
Could be bought with mentioned stoploss & targets.
$CI looking to break out of its ~14month cup and handle!Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Pays out dividends
* Forming a cup and handle over the past ~14 months
* Bouncing off of its 50 day line with very bullish price action and volume
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 2.7
Relative Strength vs. SP500: 1.65
U/D Ratio: 1.15
Base Depth: 43.95%
Distance from breakout buy point: -2.77%
Volume 2.78% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just bouncing off of it 50 day line with volume
* If you want a better entry you can look for one around the 262.8 area
* This stock usually has local tops when the price closes around 9.64% above its 50 EMA
* Consider selling into strength if the price closes 9.44% to 9.84% (or higher) above its 50 EMA
* The last closing price is 3.14% away from its 50 EMA
Renewi bought with very tight stopsIv just bought renewi
Set up looked good, nice volume
Very tight stops risking under 3%, will either get stopped out quickly or hopefully turn a quick profit
ETR - A Nice Cup and Handle Pattern A classic cup and handle pattern formation
This formation loves to break out to the upside after complete formation
CUP WITH HANDLE BREAKOUTPicture perfect cup with handle breakout. Market is very bad so taking 1/3rd partial profits at 1R and backstopping to breakeven. Next 1/3rd on 2R and let the last third run for a bigger.
AIR Cup With HandleStarting a very small position on another Aerospace-Defense Stock.
Small Cup with even a smaller handle. Going small as I've hadn't had good luck this year with them (LMT,NOC, etc...) and it may need to consolidate more and maybe give new entry points.
Going small as I've hadn't had good luck this year with them (LMT,NOC, etc...)
Quarter Positioning --> 250 USDs Risk, .77% of portfolio, 4K total size.
Avg Cost: 50.19
Stop: 47.40
Risk: 5.55%
Potential Cup and Handle Breakout$HAL showing a weak cup and handle (low volume on the lows of the cup, and an upward wedging on the lows with regard to the handle). Would've preferred a shakeout on the handle, but instead, we are getting a rising wedge and low volume at the pivot point. Tightening volume at the handle is good, but once it reaches the breakout point, either the breakout is rejected or it will be another breakout without legs, as is the case with a number of names recently
EPS growth is also not looking good, quarterly EPS has not shown significant growth when compared to the quarterly EPS of the previous years. Q4 2021 showed signs of earnings acceleration, but that quickly reversed in Q1 of 2022 (which coincides with the pullback that formed the early part of the base).
Personal Opinion: Breakout is still possible, but I'm not looking to enter a position.
$TRX > $BTC (MEGA BULL)Free bitcoins. Tell your friends. Not financial advice. #TheCryptocracy @dropaganda
Deeper Network DPR Cup & HandleDeeper Network DPR Crypto Bullish Cup & Handle fulfilled.
Websites:
www.deeper.network (DPR Main Equipment Website)
dpr.deeper.network (Mining Rewards after Staking)
www.deeperscan.io (DPR Wallet Lookup)
apps.deeper.network (DPR Crypto Polkadot Parachain Governance System, New Wallet, Smart Contracts Upload, Miner Wallet Info)
www.youtube.com (DPR Videos)
www.fbi.gov (FBI VPN Video)
parachains.info (Deeper Chain Polkadot Parachain Pending)
apps.deeper.network (Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z )
-Crypto Whale Information: See the Whale news on my channel for their Wallet address & Location, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
- Deeper Chain Community Governance - Currently being controlled directly by Deeper Network not by the Community thru a back door in the program (Verified on AMA)
- 7 Validator Nodes on Deeper Chain, 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes on the Governance with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
- Burn Wallet: There has not been a routine burn setup yet promised by Deeper to fight inflation. The only burning is est 21DPR perday equivalent to about .80cents per day!!! from the validator Transactions which they are calling a “Routine Burning or Every Gas Fee”. The old burning was every 7 days or so until they slowed it down to every 24 Days thru the Treasury Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community.
- Polkadot Parachain for Deeper Chain – not yet (Verified by Polkadot Support)
10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); 4 Billion DPR Belong to Deeper & Investors
Warning: Possible Token Crash Starting in September 2022 thru the next 8 months
Company Info:
Deeper Network of the Marshal Islands (no office location there currently) Crypto Currency, filed on March 8, 2019 Entity number 100333
Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/VPN/DPN, Entity 201816910575 6/14/2018, EIN Tax ID# 841835438
Location Of Head Quartiers Office: The main temp office rental location no longer exists that is advertised and on Entity Documents, supposedly working remotely from home and out of a shipping warehouse since the past two years or longer, unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified.
Location of their servers where data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
$DSX breaking out of a ~8 month base! Can it go higher?* Steady up trend over the past two years
* Consolidated for about 8 months
* Formed a cup and handle pattern
* Now breaking out of the cup base
Technicals:
* Sector: Industrials - Marine Shipping
* Relative Strength vs. Sector: 20.4
* Relative Strength vs. SP500: 18.49
* U/D Ratio: 1.38
* Base Depth: 82.07%
* Distance from breakout buy point: 0.33%
* Volume 73.26% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just breaking out of its base
* If you're looking for a better entry you can look for one around the $5.77 area
* Given the macro situation of the world it does seem like shipping stocks will move higher in the near future
