Quote from: gotmilk_ on July 28, 2015, 08:22:15 PM

Quote from: molecular on July 28, 2015, 07:00:28 PM

Quote from: masterluc on July 18, 2015, 01:04:35 AM

Is that cup and hadle here 4 months long?

I'm thinking about this.

Could we still say it's possible to play out?

We just about reached the left rim of the cup, but the right rim (usually it should be equal price, but it's not in this case) is still $15 or so away. So we haven't really broken out of the handle, have we?

I'm trying to figure out if we could still be in the handle for a while and go back down to something in between 260 and 280 and then start the breakout?

masterluc suggested the handle could be up to 20 days from rim of cup (which was on 7/12), so only a couple of days left.

So... could the handle be longer than that? Is the cup & handle still valid?

'Simplest' solution to keep the pattern alive and also the 20 days intact would be a break above and beyond $315 this week, but I'm not sure that's in the cards from a shorter-term perspective.

Opinions?

Daily MACD turned green so we can expect some grow in next days Wink

That didn't last long.