A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. It is a continuation pattern where a cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long. It could also be a Reversal pattern which turns the trend from downtrend to uptrend.(we are not discussing)
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