TSXV:AUN.H - Post by User
Comment by
JonEcashon Mar 26, 2008 4:00pm
186 Views
Post# 14840022
Cup and Handle.
Cup and Handle.You guys can throw this TA pattern out the window. A true C&H has the handle occuring in the top half of the cup (around 85 cents say). Notice with last week's damage that the bottom of the handle now touched the bottom of the cup. Therefore, the bullish set-up no longer exists. This may explain the difficulty in getting traction back to where it was.
J$