SXP has been quite volatile over the last couple of weeks. After making a double-top on 11-03, the price has declined a bit and reversed thereafter. As you can see on the chart, a classical Cup & Handle pattern has emerged.
According to theory, a Cup & Handle pattern often leads to strong returns upon completion. So if all goes right, we might be in for a treat soon!
Happy trading!
According to theory, a Cup & Handle pattern often leads to strong returns upon completion. So if all goes right, we might be in for a treat soon!
Happy trading!
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