lauralea

Cup and Handle

Viés de alta
NASDAQ:JAZZ   Jazz Pharmaceuticals plc
Fell from a rising wedge and off JAZZ went.

This one looked bearish for a while but is looking much better.

Cup low is 86.88 cup high is 154.24 Breakout is 154.34 ( a bit over cup high. Cup depth is 67.36

Mid cup is 129.56. Handle low is 139.6 Support is found here and last pivot low.


Targets are calculated using cup deth and fib levels and added to cup break out. Cup high and not break out level is used to calculate cup depth. I use 38, 61, 79, sometimes 100 % for targets 1. In a bullish market folks add 127 and 161 percent to cup breakout level

Not a recommendation
Aviso legal

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