Trading the Cup and Handle - Stock Chart Pattern

Cup and Handle Pattern: -It is a continuation pattern. -Discovered in 1988 by William O'Neil. I recommend his book How to Make Money in Stocks. -You need a previous trend in order to have a continuation pattern. -When the pattern trickles down the "handle" the volume will be slowly declining. -Once it breaks the "handle," the volume needs to be very high. -Remember that the "cup" of the pattern needs to be a "U" shape and not a "V" shape. A "V" shape is likely to be a Double Bottom or a Double Top. -The "cup" is gradual, it is about a 1/3 retracement from the previous uptrend, and goes back down to re-calibrate itself. -You want to enter or add to your position when it breaks the "handle." ★ SUBSCRIBE TO MY YOUTUBE: ★ http://bit.ly/addtradersfly ★ ABOUT TRADERSFLY ★ TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us! STOCK TRADING COURSES: -- http://tradersfly.com/courses/ STOCK TRADING BOOKS: -- http://tradersfly.com/books/ WEBSITES: -- http://rise2learn.com -- http://criticalcharts.com -- http://investinghelpdesk.com -- http://tradersfly.com -- http://backstageincome.com -- http://sashaevdakov.com SOCIAL MEDIA: -- http://twitter.com/criticalcharts/ -- http://facebook.com/criticalcharts/ MY YOUTUBE CHANNELS: -- TradersFly: http://bit.ly/tradersfly -- BackstageIncome: http://bit.ly/backstageincome

Comments

1. Were would you buy in the cup and handle ?
2. Baba monthly
3. snapchat right now...
4. is gold forming a cup and handle NOW??
5. If I've done my Homework right, SGYP is experiencing a cup right now, yes!??????? On the rise to it's uptrend
6. Sasha, great video, when looking at the stock, at what time frame should I look at the stock? Like 3 months, 1 year, 1 month?
7. Could you look at the stock CLVS please. I have been watching it for a month now and I am pretty sure it is a cup and handle pattern. Can you check it out and let me know please?
8. What if there's no prior uptrend, is it no longer a cup and handle pattern? AMRS 2016 (May - Oct). I'm thinking not, since you say the Cup and Handle pattern is a "continuation" pattern. So if it was major downtrending prior to this "cup" or bowl, what would you consider this pattern to be if anything, and how would you trade it?
   
   Also, do you think it looks like a "V" or would you agree it's a "U" shape?
   
   Thanks, great video.
9. could you take a look at stock symbol scty. It looks to me like a cup and handle on a daily chart and also a trple bottom on a weekly chart.
10. could it work in a 4h chart or in a 1hr chart?
11. nice overview, nice explanation,nice art work,you should have been an artist. Thanks!
12. So what do you think will happen with the silver price cup and handle?
13. Looks like IBB is forming this pattern right now.
14. i believe LC have a cup and handle pattern right now.
15. THANKS! HOAH!
16. Is this cup base off a day, month, 3month or 6 month ?
17. When you talk about the volume are you referring to the volume available to buy or the volume that has already been purchased?
18. price of gold is a perfect example right now...over 1 year chart
19. Could we be in a cup and handle right now?