AX 3 Month #CupandHandle #ChartPattern

2020年9月7日

Very appealing setup on this cup and handle 3 month chart pattern.
1. Handle taking the form of rectangle consolidation
2. Handle forming right above 200 MA (bullish)
3. The cup and handle pattern boundary resistance is conversion with a long term weekly down trend line (red line)
A decisive daily close above $26 will confirm the pattern and the breakout and set the stage for a rally up to $30s.

2020年9月20日

ノート

setup never triggered so you shouldn't be long yet. That said, setup is still valid and will remain on the list to watch for breakout attempt in the next week or so.

2020年9月25日

注文をキャンセル

not a cup and handle setup anymore. might drop into a rectangle setup. if it does i'll re-post it.