Cup with handle pattern
The cup with handle was discovered and put forward by William JO'Neil in his book How to Make Money in Stocks 1988.
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.
Cup with Handle
The formation occurs after a trend change, where a series of rising peaks and troughs is followed by a reversal of the price trend.
Cup with Handle
A bullish bar chart pattern that consists of a consolidation period followed by a breakout. The cup part of the pattern resembles a rounding bottom in the shape of a U.
Cup With Handle is a rally to a new high, a decline of 20 -50 percent over 8 - 12 weeks, a rally falling just short of the new high level, ...
Cup with Handle: A bullish chart pattern that marks a consolidation period followed by a breakout. The "cup" part of the pattern resembles a rounding bottom, and is followed by a "handle" that acts as a final consolidation before a breakout.
Cup with Handle - Named after the resemblance the formation on the chart bears to a cup and handle, this pattern offers Explanation into where a bullish trend can begin.
You see a nice cup with handle pattern spanning 6 months. The stock has just completed a swing trap with a T-30 in the handle. 3 patterns are now running in your favor for a bullish move to the upside.
Other possible common patterns, that I have not referred to before, can be seen on the original chart, one is a cup with handle, sometimes called a saucer formation, and the other is a measured move.
Optimal buy point of a stock as it emerges from a sound and proper basing area or chart pattern (the most common of which include the 'cup with handle,' 'flat base' and 'double bottom') and breaks out into a new high in price.
11/9/10: I was playing around with divergence and found FTSE/Xinhua China 25 index fund (FXI). It shows a cup with handle and bullish divergence when plotted against the S&P 500 index using a percentage change chart.
 See also: Handle, Chart, Pattern, Market, Trading
  
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