Breakout Has No Hope If Handle Rises In Slope
Posted on August 12, 2011 at 17:36 PM EDT
"If your cup's handle doth upwardly slope, to buy that stock you'd be a dope." (From the editor: sincere apologies to William Shakespeare.) If you're a seasoned investor, your eyes by now may well be trained to spot a cup-with-handle pattern from a distance. But you need to know that even if you see a cup with a handle, it may not be a valid one. Look for the flaws. Many can appear with even some modest scrutiny. Today we'll examine the
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