The cup and handle pattern was first identified by entrepreneur and stockbroker William J. O’Neil and explained in his 1988 book “How to Make Money in Stocks.” The bullish chart pattern is easy to ...
Traders often use the cup and handle pattern in technical analysis to look for possible bullish continuing patterns in the market. This pattern has a cup-shaped shape at the beginning, followed by a ...
In March, the total value of building permits issued in Canada decreased by $549.4 million (-4.1%) to $12.9 billion. The decrease was led by the non-residential sector (-$716.3 ...
Is This Currency Overvalued? Purchasing Power Parity (PPP) and Long-Term FX Valuation ZEC trades above both 50-hour and 200-hour EMAs, aligning short- and long-term bullish momentum. The ...
The cup and handle pattern predicts a bullish trend, indicating a potential buy opportunity. Look for a U-shaped cup and a shallow handle to identify ideal cup and handle patterns. Confirm the pattern ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...
Is This Currency Overvalued? Purchasing Power Parity (PPP) and Long-Term FX Valuation Potential Reversal - Cup-and-handle forming, indicating a bullish setup. Fibonacci Resistance - 0.5 retracement ...