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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (11773)2/2/1998 10:35:00 PM
From: TATRADER  Read Replies (1) of 79284
 
Doug, on a cup with handle formation...If you were trying to explain it to someone other than that it looked like a cup with a handle, would this definition suffice..."A period of consolidation of a stock in an uptrend, where it spikes downward and then tends to drift at about the same price level for a time,finally it begins a gradual ascent, before spiking into a flag pole formation"....Any additions or corrections appreciated, as you know I am trying to learn, not just challenge you...Thanks...Mark
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