Today we are analysing Oklo Inc stock on a weekly timeframe.
We see there is a cup and handle pattern formed, a strong bullish continuation pattern.
This pattern often signals a strong move higher once confirmed.
We see the price gets rejected at around £53.19 which creates a rounded bottom signalling the 'cup' part of the pattern.
The price eventually rallies back to retest the resistance completing the right side of the cup.
A handle forms just beneath this resistance which is shown with descending candles as a short term pullback indicating consolidation before a potential breakout.
Enter after the breakout is confirmed.
We see there is a cup and handle pattern formed, a strong bullish continuation pattern.
This pattern often signals a strong move higher once confirmed.
We see the price gets rejected at around £53.19 which creates a rounded bottom signalling the 'cup' part of the pattern.
The price eventually rallies back to retest the resistance completing the right side of the cup.
A handle forms just beneath this resistance which is shown with descending candles as a short term pullback indicating consolidation before a potential breakout.
Enter after the breakout is confirmed.
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💥 Free signals and ideas ➡ t.me/vfinvestment
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。