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Cupandhandlepattern

OKLO can go locoPattern: Classic cup and handle formation. Handle forming as a bull flag — very bullish continuation setup. Resistance: ~$57.78 — key neckline from prior highs. Needs strong close above this level for confirmation. Volume: Declining during handle = textbook. Suggests controlled pullback. Watching for volume spike on breakout. Moving Averages: Price is trading above all key MAs, confirming bullish trend structure. 🔥 Most Favorable Path: Let price tighten within the handle, then breakout above $57.78 on increased volume. If confirmed, target $66–70+ based on measured move from cup base to neckline. ⚠️ Invalidation: Break below $50 with volume would invalidate handle and signal potential deeper retracement. ✅ Summary: Setup: Cup & Handle Bias: Strongly bullish Entry trigger: Break + close > $57.78 Targets: $66 → $70 zone Risk level: Manage below $50 *Not a financial advice
NYSE:OKLOLong
by TheBullandBearLounge
8
Inverse Head and Shoulders Now Clear On Bitcoin ChartTrading Fam, It has now become apparent that Bitcoin has formed an inverse head and shoulders pattern on the daily. This is very bullish and should the pattern follow through, it gives some good long-range targets to shoot for by the end of this year and potentially, well into the next. Calculating our first target is relatively simple. We draw a measurement from the bottom of the head (that largest dip) to the neckline. We then move that measurement line to an approximated breakout area. This then gives us an estimated target of around 150k. I will say that this is a fairly sure target before the end of the year if and when that neckline is broken to the upside. Target number two should be that 350 DMA in my opinion. Bitcoin likes to kiss that 350 DMA in bullish markets. So, where ever that ends up being pricewise during this next upwards movement is a good target #2. I would estimate it will be at least 175-180k. But if we break that 350 DMA to the upside, then you will know the end of our bull cycle is drawing close. Bitcoin may blow-off here and generally would stay above that 350 DMA for at least another month or two. In our last bull cycle it remained above the 350 DMA for 5 and a half months. Selling anytime we are significantly above that 350 DMA pricewise and timewise is not a bad strategy because you will know we are nearing the end of our bull cycle at this point. I hope this post gives you some good long-term targets and trading strategies going forward. Personally, I will be looking to sell much if not most of my holdings once Bitcoin breaks above that 350 DMA. Of course, as always, I will keep you all posted when that time comes. Best, Stew
INDEX:BTCUSDLong
by stewdamus
2
IRB INFRA: Cup & Consolidation Breakout🔍 Chart Analysis The stock formed a textbook cup pattern, indicating accumulation after a long downtrend and also given 200 EMA breakout. After forming the rounded base, it entered a tight consolidation range (highlighted in blue). Today, the stock broke out of this range with strong bullish momentum and rising volume. Immediate support lies at ₹49.25, the base of the consolidation box. Next major hurdle: Strong resistance at ₹60.52, which aligns with a previous swing top. 📈 Why This Setup Looks Promising Cup and handle patterns often precede major upward moves, especially when breakouts happen with volume. Breakout from consolidation confirms bullish interest near ₹53 zone. The stock has already corrected about 47% from its all-time high, offering a potential value opportunity if trend reversal sustains. 🎯 Levels to Watch Support: ₹49.25 Resistance: ₹60.52 Breakout Confirmation Zone: ₹53.00–₹54.00 ⚠️ Disclaimer This is not investment advice. Please do your own research or consult your financial advisor before taking any position. The market is subject to risk and uncertainty.
NSE:IRBLong
by jeet20
TSLA: Continues to form a Cup and Handle reversal patternHey folks, Just a quick analysis of NASDAQ:TSLA on the daily chart. Compared to my last analysis, price has fallen a bit since, as a new flag (handle) continues to form following a cup pattern. - Cup and Handle pattern forming. The handle would also count as a bull flag. This is known as a cup and handle reversal pattern, after a downtrend. So yes, it is possible for a stock to reverse its trend through the formation of a cup and handle reversal pattern (as you can see in the chart). - Major resistance at $366 which marks the peak of the flag (handle) pattern. This would have to be broken in order for the cup and handle to be valid. - Volume has also been decreasing during the formation of this pattern: this is typical amongst Cup and Handle patterns, and generally a positive sign. Note: Not financial advice.
NASDAQ:TSLALong
by michaeldobski
CARE - CUP WITH HANDLEPosition Update: May 16, 2025 Key factors: 1. Low-risk entry point. 2. Very clear bases with VCP characteristics. 3. A confirmed Stage 2 uptrend, indicating upward continuation. 4. The stock is outperforming, rising even as the broader market trends lower. 5. Displays strong relative strength against the market and peers. 6. Volume dries up suggests less supply coming to the market. 7. Many stocks start showing traction based on my own stock continuum. Considerations: While the breakout was not accompanied by a significant volume surge, this development is occurring within the early stages of what appears to be a new bull market cycle. This macro backdrop may provide additional support and follow-through potential. I’d like to see if it can hold up and follow through from here.
IDX:CARELong
by rifqonr
Cup & Handle Breakout - PRESTIGECurrent Price: ₹1,584.60 Technical Analysis: Cup & Handle Breakout Pattern: The provided chart shows a potential Cup & Handle pattern, with the price breaking out above a resistance level. A confirmed breakout with strong volume is typically a bullish signal. The chart also indicates a "Strong High" marked near ₹1,900. Immediate Target: ₹1,900 Time Frame: 3 to 6 months. Fundamental Analysis: Market Cap: ₹68,189 Cr. Current Price: ₹1,585 Stock P/E: 146 (Extremely high, indicating very high growth expectations are priced in or low recent earnings.) Book Value: ₹358 Dividend Yield: 0.11% ROCE: 7.69% (Relatively low for a company with such a high P/E.) ROE: 3.50% (Very low return on equity, especially considering the high P/E.) Face Value: ₹10.0 High / Low (52-week): ₹2,075 / ₹1,048 Shareholding Pattern (as of March 2025): Promoters: Decreased stake from 70.00% (Mar 2017) to 60.95% (Mar 2025). FIIs: Fluctuating, currently at 17.08% (Mar 2025) from 24.43% (Mar 2017). DIIs: Consistently increased stake from 4.41% (Mar 2017) to 19.23% (Mar 2025). This is a strong positive signal. Public: Currently at 2.74% (Mar 2025). No. of Shareholders: Significantly increased from 11,656 (Mar 2017) to 1,68,033 (Mar 2025), indicating rising retail interest. Recent Performance: Prestige Estates, being a prominent real estate developer, would have its financial performance tied to property sales, project completions, and new project launches. Recent results for real estate companies in India have generally been positive due to robust housing demand. EPS: Given the P/E of 146, the EPS (Earnings Per Share) would likely be very low. For example, if P/E is 146 and Current Price is ₹1585, then EPS = ₹1585 / 146 ≈ ₹10.85. This suggests that earnings are currently quite low relative to the stock price. Corporate Actions: Real estate companies often engage in corporate actions like fundraising (QIPs, preferential allotments) to fund new projects, joint ventures, or acquisitions of land parcels. Dividend payouts are also common. Any announcements regarding new project launches, significant sales bookings, or progress on existing projects would be key corporate actions. Company Order Book / Sales Pipeline: For real estate companies, the "order book" is typically represented by sales bookings for ongoing and upcoming projects, and the development pipeline of future projects. Higher sales bookings and a strong pipeline indicate future revenue visibility. Latest News: Recent news for Prestige Estates would likely focus on: Q4 FY25 and FY25 financial results: The market would be keenly watching their earnings for any justification of the high valuation. Sales Performance: Updates on property sales, new launches, and project completions. Expansion Plans: Announcements of new land acquisitions or expansion into new cities/segments. Analyst Reports: Brokerage reports on their performance and outlook. Overall Assessment: Prestige Estates Projects Ltd. presents a mixed but potentially bullish outlook, driven by strong technicals and positive industry trends, but tempered by a very high valuation: Bullish Technicals: The identified Cup & Handle breakout is a strong bullish pattern, indicating potential upward momentum. The target of ₹1,900 seems to align with a "Strong high" level on the chart. Strong DII Confidence: The continuous increase in DIIs' stake and the significant rise in the number of shareholders indicate growing domestic institutional and retail confidence in the company. Industry Tailwinds: The real estate sector in India has been witnessing robust demand, which benefits established players like Prestige. High Valuation (P/E 146): This is the most significant fundamental concern. A P/E of 146 implies that the market is expecting exceptionally high earnings growth in the future. The current ROE (3.50%) and ROCE (7.69%) are quite low for such a high valuation, indicating that current profitability doesn't justify the price, but future growth potential is being heavily discounted. Investors are clearly betting on aggressive future expansion and profitability. Conclusion: The technical setup for Prestige Estates Projects Ltd. appears bullish with the Cup & Handle breakout, and the immediate target of ₹1,900 seems technically plausible within the 3-6 month timeframe. The increasing DII holding also provides confidence. However, the extremely high P/E ratio of 146 suggests that a significant amount of future growth is already priced into the stock. For the stock to sustain this rally and potentially move beyond, the company must deliver exceptionally strong sales bookings, project completions, and, most importantly, a substantial increase in its earnings per share in the coming quarters to fundamentally support its premium valuation. Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Investing in stocks with very high P/E ratios carries elevated risks. Always conduct your own thorough research, carefully analyze the stock chart, assess your risk tolerance, and consult with a qualified financial advisor before making any investment decisions. The stock market carries inherent risks.
NSE:PRESTIGELong
by sara54654
HIMS 1D — This pattern didn’t cook for nothingOn the daily chart of Hims & Hers Health, we’re looking at a textbook cup with handle formation — not just a pattern, but a structure backed by time, volume, and classic price behavior. The base of the cup formed steadily from February to May 2025, and as soon as the curve was complete, price transitioned into a tight consolidation — the "handle" that often masks real accumulation. Right now, price is testing the resistance area. And it’s not just floating up there — it’s coming in hot: price has already broken through EMA 20/50/100/200 and SMA 50/200. That’s a full stack flip. This isn’t sideways noise — it’s a structural shift in control. Volume is starting to build as price rises, confirming that demand is real and institutional positioning likely active. We’re watching a breakout zone above the handle — and when that breaks, the structure unlocks with a clear target: $107.25, roughly a 2x move from current levels. This setup isn’t noise. It’s a long-cooked formation that’s now about to boil over. If the handle holds and price breaks through — the rest is just follow-through.
NYSE:HIMSLong
by TotoshkaTrades
11
Cup and Handle Breakout in THOMAS COOK (INDIA) LTDTHOMAS COOK (INDIA) LTD is showing a classic Cup and Handle breakout pattern on the daily chart. 🔍 Chart Highlight Breakout from the Cup's rim around ₹169.93 level. Strong bullish candle with +7.61% gain, backed by higher volume. Price sustained above the 200 EMA (₹163.85). Next potential resistance: ₹197.29, a previous swing high. Levels to Watch: Support Zone: ₹163.85 – ₹169.93 (200 EMA + breakout retest zone) Resistance Zone: ₹197.29 (next swing high) If the price retests and holds above ₹169.93, it could offer a good risk-reward opportunity with ₹197+ as the near-term target. Keep an eye on volume and any pullback toward the breakout zone. ⚠️ Disclaimer: This idea is for educational purposes only and not financial advice. Please do your own research or consult your financial advisor before making any trading decisions. Markets carry risk — trade wisely!
NSE:THOMASCOOKLong
by jeet20
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
ETH's situation+ Target PredictionCurrently, ETH is forming an ascending triangle and cup and handle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD). Continued strength could lead to upward movement toward targets at $2700, $2900, and $3.100 However, it is crucial to wait for the triangle to break before taking any action. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
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