The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout.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 . 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.
AND THE ‘CUP’ GOES TO AMBUJA!
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Stock Analysis
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Bullish View
Bearish View
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The minimum duration for Cup pattern is 1-1.5 years.
The Title looks creative.
Thank you for the feedback. The duration for this pattern has taken only 6 months. So it won’t be qualified for a Cup. Then I have to get another ‘Cup’.
Thanks for the compliment. I have taken effort to make all the titles attractive.Nut it seems I have to work more in the content area.