If the price break the Channel 1, there is high possibility that Cup and handle pattern is in the making.
C&H Confirmation is when the price break the Neckline 1.
Entry point 1 is after daily candle close above the channel. TP1 is before neckline 1.
Entry point 2 is after daily candle close above the Neckline 1.
1. This theory is invalid if the daily price...
GKENT
Trend: Bearish
Rst: MA50/ 0.935
Spp: 0.82
Way below MA200 and nothing positive from chart formation, nor indicators. Why to trade stock with messy formation like this?
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