KLSE Technical Analysis

IRIS Forming Cup with Handler ?

mwong3
Publish date: Thu, 22 Jan 2015, 12:47 AM

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Technical sharing !!! respond to some of the reader request, I am decided to post some good example for my follower to learn, the chart below is very class example of Cup with Handle. if the prices break above $0,340, it out of cup and handle Pattern to possible target of $0.36/$0.40. this pattern is pretty reliable and it work in difference type of financial component.

Other than Cup and handle, the chart below also showed wave 4 consolidation, today candle is show white solder with volume, once the price break above $0,340, Most likely the target $0.36/$0.40 will be reach.

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Discussions
2 people like this. Showing 3 of 3 comments

AyamTua

food for thoughts: why bother about cup when can drink by the bottle? hihihihihihihi

2015-01-22 02:02

mwong3

I Love it ;-) !!!

2015-01-22 08:16

eftee

So drink water or wine? hehe

2015-01-22 11:14

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