Cupandhandlebreakout
LG Balakrishnan Bros ltdLG Balakrishnan Bros ltd
cup and handle breakout
volume breakout
buy= 776
1st target =833
2nd target=892
stop loss=710
Will TSLA have a bloodfree September?NASDAQ:TSLA
On the 2 Hr chart, TSLA seems to be forming the handle of a cup and handle pattern
started back in April.
The MACD shows K/ D signals about to cross under the histogram while the 'RSI
oscillator shows no divergence that would suggest a reversal of the downtrend.
So, will the pattern be intact and TSLA have a good September with
bullish continuation or instead will there be more blood in the street for
September and TSLA continue on its downtrend?
What is your opinion
Mahindra holidays amd resorts india LtdMahindra holidays amd resorts india Ltd good for swing trading
Buying this stock also because cup and handle pattern is forming
volume is hingh
cup and handle breakout
BUY =286.45
Stop loss=261
1st target =308
2nd target=331
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
CanfinHomesCanfinhomes made cup n handle pattern on daily charts with very good volumes & trading above neckline comfortably.
Could be bought with mentioned stoploss & targets.
XAUUSD SPOT GOLD LONG SWING Cup & Handle PatternOANDA:XAUUSD
The 4H XAUAUD is set up on the finish of a cup and handle pattern
and so bullish continuation is about to ensue.
The chart shows the depth /height of the cup.
I will enter when the basis of the Bollinger Bands reverses into an uptrend.
Stop loss will be outside the LBB at that time or alternatively the recent swing low.
Targets, as drawn to the chart, are the POC of the volume profile, the triple top of June
and the double top of May as also shown with arrows.
I expect this to be a high probability trade for a few months with a high yield compared
with the risk. Teh gold bull run will be fueled by continued inflation the erosion of
dollar value (DXY) as well as fear and the flight to safety (VIX).
What is your opinion ?
BOIL Leverage 3X Natural Gas ETF Cup and Handle LONG AMEX:BOIL
BOIL is showing a cup and handle pattern at present
lending increased probability of a bullish continuation
that could yield a 50% price rise over the 45-day width of
the cup. Macro and fundamental factors support ongoing
natural gas price escalations including the supply issues
in Europe, the heat wave from climate change causing
and so on. The cup and handle on a relatively long time
frame increases both its reliability and the time period
for which the pattern to play out.
TSLA possible Cup and Handle on the Daily Chart. $1290 targetTSLA appears to be setting up a cup and handle formation on the daily chart.
A measured move for this pattern would take price to new all time highs at 1290.43.
A nice bottoming pattern was put in over the last few months, and a new bullish sequence has been in play.
Short term target of 981.42 based on fib set up.
US Stock In Play: $MERC$MERC - Basic Materials | Paper Products
this have appeared in various scans on daily basis for over a month
now trading at pivot to BO lvl of a C&H pattern to rising KMAs including 200MA (which is pretty rare at this period of the market)
latest YoY ER +234% EPS, +42% sales
ESLT breakout from cup & handleNASDAQ:ESLT is in the Aerospace/Defense Group.
I bought a small position on this breakout.
I like that it made a huge gap up and it could fill it, that is strength.
#3 Bullish Pattern: Cup and HandleRanked at #3 in the Bullish Pattern series is the Cup and Handle Pattern.
Cup and handle pattern typically takes many months to form but the pattern is unmistakable similar to a cup with a handle.
The pattern begins with a sell off with volume, tapering off and remaining flat before volume picks up and forms the right side of the cup.
There are 2 types of Cup and Handles.
U shaped -A longer, flatter bottoms provide stronger signal.
V shaped - V quickly recovers, should be avoided.
Handles decline can be up to 1/3 of the cups right side with traditional handle performing a test at the 50% retracement level.
The price target is calculated using the bottom of the cup and the handles breakout.
In the case of CHWY, the breakout to the price target is nearly complete (may already be in at 52).
The next bullish pattern is #4 The Bull Flag
ABFRLABFRL made cup n handle pattern on daily/hourly charts & comfortably trading above cup with good volumes.
Could be bought with mentioned stoploss & targets.
$CI is breaking out of a ~14 month cup with handle pattern!Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Breaking out of a ~14 month cup with handle pattern
* It did break out before but then pulled back (seems like a shakeout)
* Now it's been in a tight range just above the broken resistance creating new support
* The last session printed a pocket pivot indicating institutional buying
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 5.55
Relative Strength vs. SP500: 28.95
U/D Ratio: 1.77
Base Depth: 43.95%
Distance from breakout buy point: 1.09%
Volume -5.44% below its 15 day avg.
Trade Idea:
* You can enter now as the price is just above the broken resistance with the last session being a pocket pivot
* If you want a better entry you can look for one around the 270.1 area
* This stock usually has local tops when the price closes around 9.18% above its 50 EMA
* Consider selling into strength if the price closes 8.98% to 9.38% (or higher) above its 50 EMA
* The last closing price is 3.9% away from its 50 EMA
India Cement Long - For educational purposePositional we can buy India cement above 174.30 stop loss 169 closing basis.
Target 1 : 180
Target 2 : 186
Setup:
Cup and handle pattern
Inside candle in daily chart
Cup and handleCup and handle base breakout with huge volumes, In a Stage 2
Stock is extended from key moving averages which is a concern, but similar patter is observed in the base, where the stock still surged upwards
shakeout in base as well
good EPS and sales growth in the last three quarters
Position sized 10%, bought at 294
Stop below days low
Not an investment/trading advise. Publishing for my own reference.
PSN - Cup and Handle? VCP? Visually appealing Cup and Handle? VCP?
Looks visually appealing.
Sometimes the best setups I'm not able to assign words to it. Just a visually appealing pattern.
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas
INDUSINDIndusind made cup n handle pattern on hourly charts & trading well above the neckline with good volumes.
Could be bought with mentioned stoploss & targets.
$CI looking to break out of its ~14month cup and handle!Notes:
* Very strong up trend on all time frames
* Great earnings track record
* Pays out dividends
* Forming a cup and handle over the past ~14 months
* Bouncing off of its 50 day line with very bullish price action and volume
Technicals:
Sector: Healthcare - Healthcare Plans
Relative Strength vs. Sector: 2.7
Relative Strength vs. SP500: 1.65
U/D Ratio: 1.15
Base Depth: 43.95%
Distance from breakout buy point: -2.77%
Volume 2.78% above its 15 day avg.
Trade Idea:
* You can enter now as the price is just bouncing off of it 50 day line with volume
* If you want a better entry you can look for one around the 262.8 area
* This stock usually has local tops when the price closes around 9.64% above its 50 EMA
* Consider selling into strength if the price closes 9.44% to 9.84% (or higher) above its 50 EMA
* The last closing price is 3.14% away from its 50 EMA
Renewi bought with very tight stopsIv just bought renewi
Set up looked good, nice volume
Very tight stops risking under 3%, will either get stopped out quickly or hopefully turn a quick profit
ETR - A Nice Cup and Handle Pattern A classic cup and handle pattern formation
This formation loves to break out to the upside after complete formation
CUP WITH HANDLE BREAKOUTPicture perfect cup with handle breakout. Market is very bad so taking 1/3rd partial profits at 1R and backstopping to breakeven. Next 1/3rd on 2R and let the last third run for a bigger.
AIR Cup With HandleStarting a very small position on another Aerospace-Defense Stock.
Small Cup with even a smaller handle. Going small as I've hadn't had good luck this year with them (LMT,NOC, etc...) and it may need to consolidate more and maybe give new entry points.
Going small as I've hadn't had good luck this year with them (LMT,NOC, etc...)
Quarter Positioning --> 250 USDs Risk, .77% of portfolio, 4K total size.
Avg Cost: 50.19
Stop: 47.40
Risk: 5.55%
