Posted by frtaylor on 17th of Apr 2021 at 06:17 pm
Two C&H patterns from stocks that were in a "Poised to Beat
Earnings" article in US News. Both have already broken out
but I don't think it's too late to get in, especially if they have
a back test of the lip. TMUS is easier to see here on this
2-hour chart, but it's also there on the daily. CMS, another
C&H but the candles are only loosely forming a cup, I'd say.
But the volume pattern is good, i.e. lighter on the way down,
heavier on the way up.
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Two C&H patterns from stocks
Posted by frtaylor on 17th of Apr 2021 at 06:17 pm
Two C&H patterns from stocks that were in a "Poised to Beat Earnings" article in US News. Both have already broken out but I don't think it's too late to get in, especially if they have a back test of the lip. TMUS is easier to see here on this 2-hour chart, but it's also there on the daily. CMS, another C&H but the candles are only loosely forming a cup, I'd say. But the volume pattern is good, i.e. lighter on the way down, heavier on the way up.