In today's stock trading strategy video, we show you the exact technical signals that alerted us to buy $ LOCK on a pullback, just a few days after the stock broke out from a bullish cup and
handle chart pattern.
The cup and
handle chart pattern is popular because it is reliable, easy to spot, and frequently occurring in the stock market.
In this article, we use current annotated charts of United States Natural Gas Fund ($ UNG), a commodity ETF that roughly tracks the price of spot natural gas futures, to show you how to trade the cup and
handle chart pattern.
Putting it all together, this chart of LinkedIn ($ LNKD) shows a valid cup and
handle chart pattern, based on the technical criteria above:
Not exact matches
Another
chart type that Cramer uses is called the cup - and -
handle pattern.
This triggered the large cup and
handle continuation
pattern on the weekly
chart.
Now, $ KORS is working on forming a bullish
chart pattern known as a «cup and
handle,» which looks like this:
Have you ever prepared to buy a momentum - driven breakout on a stock that formed a great
chart pattern (such as a cup and
handle), but for whatever reason you missed the entry point on the day the stock breaks out?
The «cup» was formed after the low of the pullback that tested the downtrend line on the weekly
chart above, and the «
handle» has been forming the right side of the
chart pattern just below the prior highs from September of 2012:
In this April 2 blog post, we explained in detail how to trade a bullish technical
chart pattern known as the «cup and
handle.»
Drilling down to the short - term daily
chart interval, the cup and
handle pattern can be more easily seen.
One of our favorite
chart patterns is the cup and
handle, a bullish
pattern that precedes some of the most powerful and reliable breakouts.
This triggered the large cup and
handle reversal
pattern on the daily
chart.
Absolutely - you would need to use a sweater
pattern that fits your ten year old, and can
handle an inch or two ore (or fewer stitches), and then you'll nee dot figure out which
chart you can use to work with your sweater, keeping in mind you'll need to adjust stitch count slightly to make it work.
(Shipping &
Handling for the Vowel Sound Spelling
Pattern Flip
Chart: 1 Flip
Chart $ 8.99, 2 - 6 Flip
Charts $ 11.50, 7 - 12 Flip
Charts $ 22.50, 13 - 18 Flip
Charts $ 23.50)