MoneyPatterns

Cup and Handle breakout?

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OTC:GBTC   None
Handle has cups with the cup(handle).
TD Sequential 9 count coincides with bottom of cup Oct. 23.
Bollinger Bands forecasted to squeeze to max around same time (Oct 24.)
Top of cup (breakout) coincides with unfilled gap at $10.11
Right side of cup Nov. 5 coincides with down-slope of descending wedge and upward gap-fill.

"Stocks with handles shorter than the median 22 days show superior post breakout performance." - ThePatternSite - Bulkowski's Cup with Handle

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