3 possible indicators at least. FUn could go far.
Atualizado
{lease excuse the messy chart, getting used to these tools, slowly.
Look at the Cup and Handles again!
Now, I may be looking for these since they are at the forefront of my mind, but, the second handle has started to fill and I will be looking for a "test" entry when we/if we reach the bottom of the handle.
Elliot Waves seem to be present and for those of you who think I am finding these things because "I want" to find them, maybe you're right, so forget the cup and handles and apply descending pennants.
I expect Elliot waves to re-occur after the cup and handle taking us to our next resistance.
Look at the Cup and Handles again!
Now, I may be looking for these since they are at the forefront of my mind, but, the second handle has started to fill and I will be looking for a "test" entry when we/if we reach the bottom of the handle.
Elliot Waves seem to be present and for those of you who think I am finding these things because "I want" to find them, maybe you're right, so forget the cup and handles and apply descending pennants.
I expect Elliot waves to re-occur after the cup and handle taking us to our next resistance.
Nota
That's a bit cleaner.
Nota
Handle or not, Continuation of Elliot Waves or not, FUN is looking like a good medium to long-term investment.Nota
Our handle may appear slightly higher than anticipated, can only be good news for those of you out there already in the trade.Nota
We were right, handle higher than expected, great news. I am opening a minimum trade to test the theory.Trade ativo
Stop loss optional, 20% if you want to be strict.Nota
Slowly but surely we seem to be moving into a second exit from a cup and handle formation.
Aviso legal
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