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Cup and Handle pattern in the making..
The Cup has formed, now we can wait for the so called handle to form with a meaningful pullback to 106. after which a break above 112 could be a strong buy.
Confluence of several factors to support a long thesis.
1. Cup and Handle breakout
2. Close over 200SMA
3. Breakout of that green down trending line.
Confluence of several factors to support a long thesis.
1. Cup and Handle breakout
2. Close over 200SMA
3. Breakout of that green down trending line.
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