Cup and Handle about to break on YOLO? New to analysis, roast me
Very new to this and still a lot to learn, so any feedback is appreciated. Here's what I see...
-Classic cup and handle, ATH was hit on 2/10 and the dip started.
-For now it seems to have found support around ~26.38, but RSI and MACD seem to indicate that it's a little overbought, so I would expect more correction over the next week
-targeting ~24.85 if previous support holds and trend breaks upwards
-i'm talking out of my butt, but the pattern looks like it's there
did i get any of that right? =)
-Classic cup and handle, ATH was hit on 2/10 and the dip started.
-For now it seems to have found support around ~26.38, but RSI and MACD seem to indicate that it's a little overbought, so I would expect more correction over the next week
-targeting ~24.85 if previous support holds and trend breaks upwards
-i'm talking out of my butt, but the pattern looks like it's there
did i get any of that right? =)
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