Cup and handle noted.
Price is not to long entry level (EL) which is a tad above the high on the left, or sell side of the cup.
Targets calculated using the depth of the cup which is $7 so this is not a dee cup.
Other patterns could form.
Any pattern can fail.
No recommendation.
Price is not to long entry level (EL) which is a tad above the high on the left, or sell side of the cup.
Targets calculated using the depth of the cup which is $7 so this is not a dee cup.
Other patterns could form.
Any pattern can fail.
No recommendation.