A couple of times this year I blogged about the cup/handle pattern. (Mar 11 and Jun 11). Take a look back at those entries.
I believe we are embarking on another similar pattern, but the handle or dip has not been made yet. We could see that happen soon, heck the market is up 10% in about three weeks. Buying into a low volume sell down that creates the handle is the ideal low risk entry we look for.
I believe we are embarking on another similar pattern, but the handle or dip has not been made yet. We could see that happen soon, heck the market is up 10% in about three weeks. Buying into a low volume sell down that creates the handle is the ideal low risk entry we look for.
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