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Strategies & Market Trends : Chart Formations

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To: TechTrader42 who wrote (25)9/30/1997 11:02:00 AM
From: sean sanders   of 967
 
Brooke,

I have been keeping my eye on ATMS, ever since I sold out too early after that double bottom we had. If there is one formation that I don't know much about it is the 'cup n handle'. As I was sipping from a cup of juice yesterday, I was discussing this foramtion with some friends of mine and I just couldn't get a handle on what a cup and handle is?(I couldn't pass that up).

People keep on mentioning O'Neil's book, pointing to that for information on the cup n handle. I find it kind of humerous when I've read a decent amount the popular T.A. books out there and I can't remember one of them discussing in any detail the cup n handle formation. I'll probably try to put a chart up as to reference(running a little short on time right now though), but for now the best I can figure is...
~6/11/96 we have one brim
~7/31/97 we have the other
~9/12/97 we have the end of the handle
ATMS chart...

let me know if I'm on the ball with this cup n handle...

Sean Sanders
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