Cup & Handle pattern forming on Daily Chart of PFC. BUY 104, SL 86.9, Target(s) - 114, 119, 124. Handle is beyond the 50% limit of the Cup Depth. The stock has touched the price of 103.95 twice in the past, so it is acting as a strong resistance. It will give a nice breakout above that level. Will take a look at it again when price crosses 100 for any changes, if required. But if it goes below 86.9 before crossing 104, you might as well scrap this pattern for good. Cup Depth = 29.8. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.