ThePartTimeTrader

DLPH Cup and Handle complete. Golden Cross and MACD Bullish

Long
NYSE:DLPH   None
Posting my first analysis and still learning but I think I spotted a nice set-up. The cup and handle pattern is complete with higher than average volume on the completion and breakout. The 50 day MA crossed over the 200 day MA (bullish signal) as well as a MACD crossover. This appears to be a bullish sign for additional upward movement. Keep a tight stop loss but this seems to have some potential (52 week high=19.62) Thoughts?
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