Cup with Handle (Continuation) - ChartSchool - StockCharts

Cup with Handle (Continuation) - ChartSchool - StockCharts...

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18/2/2014 Cup with Handle (Continuation) - ChartSchool - StockCharts.com 1/3 StockCharts.com - ChartSchool Learn more about Technical Analysis and Charting Terminology You are here: StockCharts.com » ChartSchool » Chart Analysis » Chart Patterns » Cup with Handle (Continuation) Advertisement Cup with Handle (Continuation) The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks . As its name implies, there are two parts to the pattern: the cup and the handle . The cup forms after an advance and looks like a bowl or rounding bottom . As the cup is completed, a trading range develops on the right hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. 1. Trend: To qualify as a continuation pattern, a prior trend should exist. Ideally, the trend should be a few months old and not too mature. The more mature the trend, the less chance that the pattern marks a continuation or the less upside potential.
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  • Spring '12
  • RamonBrunoTulibasJr.
  • EMC, cup, Handle

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