Possible stop below HL (handle low) or MC (Mid cup).
There was a throwback at last break of the cup pattern. A throwback occurs when price breaks long entry level for a pattern and pulls back underneath and is unable to proceed to targets. Throwbacks can hurt performance.
Price is not to long entry level yet.
There is also an inverse head and shoulders (blue stars).
The 50 daily moving average has crossed up and through the 200 and the 100.
No recommendation.
There was a throwback at last break of the cup pattern. A throwback occurs when price breaks long entry level for a pattern and pulls back underneath and is unable to proceed to targets. Throwbacks can hurt performance.
Price is not to long entry level yet.
There is also an inverse head and shoulders (blue stars).
The 50 daily moving average has crossed up and through the 200 and the 100.
No recommendation.
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