The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks.
As its name implies, there are two parts to the pattern—the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom . As the cup is completed, a trading range develops on the right-hand side, and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance.
As its name implies, there are two parts to the pattern—the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom . As the cup is completed, a trading range develops on the right-hand side, and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance.
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.