Perfect Cup & Handle pattern formation on SBI
It's a perfect cup & handle formation as per William O'Neil's definition.
Here I have taken a weekly chart and tried to simplify the formation. The explanations are marked in the chart.
Also, keep in mind the overall trend of the stock, here it should be in upward trend :-)
Ideal buy point is near the handle pivot.
Always keep a strict stop loss of 5-8%.
For educational purpose and learning
Here I have taken a weekly chart and tried to simplify the formation. The explanations are marked in the chart.
Also, keep in mind the overall trend of the stock, here it should be in upward trend :-)
Ideal buy point is near the handle pivot.
Always keep a strict stop loss of 5-8%.
For educational purpose and learning
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.