Improve Your Market Timing/ The Reverse Cup & Handle Chart Pattern
February 6th, 2010 | 
Author: - The inverse of a Cup & Handle Chart Pattern.
- The stock bounces off of a support level and moves higher on unremarkable volume.
- A “Rounded Top” forms and then subsequently moves lower on increasing volume producing “The Cup”.
- The pattern is completed when a Bear Flag forms producing the handle.
- The breakdown occurs when the stock breaks the low of the handle on increasing volume.
Posted in Improve Your Market Timing
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