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Cupandhandlepattern

DAX - ☕DAX - ☕ One of my most favourite patterns! Cup & Handle pattern - Inverse! I've back tested this pattern many times and it never has failed me with the correct amount of risk etc. What states on your plan, that's the greatest importance. Highs: 15420 Lows: 15280 A break above the highs this trade plan is no longer valid. A break below the lows I expect the continuation of bearish price action to continue and breaks below the trendline then we may go towards 200 EMA area. Have a great week ahead, Trade Journal Key tip: Ignore the noise
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by Trade_Journal
NVDA Analysis: Cup and Handle PatternNVDA: Update on Cup and Handle study originally shared on January 23, 2022. NVDA has since moved 17% since price of 188.35 at time of initial publish. Premise of directional continuation is a gap to a higher volume shelf if structure sustains at current levels; These values would revisit auction not seen since April 2022// KLS: 214.98, 219.76, 221.81, 228.29, 235.63; <214.98 could see 212.00, 209.72, 207.80, 205.38// Bias: Neutral to Risk On// Beta: 1.79, ATR: 9.40, RVOL: 1.33// Price at time of publish: 218.86
NASDAQ:NVDALong
by GroundNinja
6
FRGT - Bullish Cup and Handle PatternHello everyone, FRGT has been setting up quite nicely since a long time. Looking at the chart on 4HR timeframe, it has setup a Cup & Handle pattern. It even broke the cup resistance line at 0.5292 and closed the price above on the daily at 0.5599. This is a bullish indicator. Entries can be made based on how the next candle runs. If you'd like to enter now, I'd have a tight stop loss at around 0.47. Target levels are : Target 1: 0.6037 Target 2: 0.7062 Target 3: 0.8087 Target 4: 1.36 (being hopeful here.) Note: Scale out as it goes up. Stop-Loss: 0.47 Do your own research before trading. Please like if you agree or comment if you have any questions. Happy trading!
NASDAQ:FRGTLong
by MoneyChartz
Boston Scientific Fundamental Strength and Technical BreakoutBoston Scientific develops, manufactures, and markets medical devices. Q4 earnings were reported this week providing a clear picture of 2022 annual fundamentals. The fundamentals considered are presented on the chart with brief commentary. Technical considerations: Price bounced off of trend line going back to 2012 Ascending triangle breakout New ATH weekly close Positions: Entry: 100 shares @ $48.71 Target: $67.43 by July 2025 Stop: $44.19 (~20-week SMA, below 2023 low) R/R: 4.14 Reward: $1872 Risk: $452 Time Horizon: 12+ months Current price (weekly close): $48.50 Risk Analysis Chart: Main chart before distorted by publishing process:
NYSE:BSXLong
by Skipper86
$LSTR is showing signs of moving higher from its cup and handle!Notes: * Strong up trend on all time frames * Good earnings track record QoQ with a few misses * Basing for the past ~14 months * Creating a cup and handle pattern on the weekly chart * The handle pulled back to its 50 day line and used it as support * It's now breaking out of the handle with higher than average volume on the weekly chart * Offering an early entry along with a pocket pivot indicating institutional demand Technicals: * Sector: Industrials - Integrated Freight & Logistics * Relative Strength vs. Sector: 1.75 * Relative Strength vs. SP500: 2.32 * U/D Ratio(50): 1.07 * U/D Ratio(15): 1.27 * Base Depth: 34.1% * Distance from breakout buy point: -5.51% * Volume 105.58% above its 15 day avg. Trade Idea: * You can enter now as it's just breaking out of its handle with higher than average volume * If you're looking for a better entry you may find one around the 168.5 area as that could serve as intermediate support
NASDAQ:LSTRLong
by HaseebKhan_90
QQQ Cup & Handle Set-UpQQQ looks bullish, classic C&H on micro time frame - Volume matches pattern 4:1 Profit potential. TQQQ for 3xLeverage= 18%-20% possible profit / 4-5% possible losses ***Be Careful -Negative CPI data on Thursday will cancel any bullish moves - lots of volatility & market manipulation to finish this week Everyone is so Bearish right now.. this is the contrarian move... watch out for the composite man or woman Proper entry: wait for break above resistance with large buying volume - *set your stop losses
NASDAQ:QQQLong
by Black_Sheep1
7
Is $ATKR ready to head higher?Notes: * Very strong up trend * Great earnings QoQ * Basing for the past ~9 weeks * Forming a cup and handle in this period * Incoming volume * Offering an early entry as it's still close to the 50 day line * More buyers in the market recently Technicals: Sector: Industrials - Specialty Industrial Machinery Relative Strength vs. Sector: 3.0 Relative Strength vs. SP500: 4.72 U/D Ratio(50): 1.19 U/D Ratio(15): 2.47 Base Depth: 81.04% Distance from breakout buy point: -2.92% Volume 7.67% above its 15 day avg. Trade Idea: * You can enter now as the price is still close to its 50 day line and is breaking above the resistance level of 123.53 * If you want a better entry you may be able to find one around the broken resistance area if it's retested as support. * Or if it does pull back you may be able to find a better entry around $121.72
NYSE:ATKRLong
by HaseebKhan_90