PhosCan Chemical Corp PCCLF

textbook cup&handle

[dbass66]

Now time to run!!!

[Explore4More]

ete   The Cup and Handle pattern has long been my favorite patterns to trade. This short-term bullish continuation pattern gets its name from looking like a rounded cup with a handle on the right side. The primary reason that I like this pattern so much is the low failure rate it sports compared to other chart patterns. This is especially true when dealing with industry leaders. The average

[stude]

I wonder " where is handle ? or was broken ? " . 

[Specboy20II]

Mar 1/12 Jan 11/12 PhosCan Chemical Corp. Direct Ownership Common Shares 38 - Redemption, retraction, cancellation, repurchase -50,000   Mar 1/12 Jan 6/12 PhosCan Chemical Corp. Direct Ownership Common Shares 38 - Redemption, retraction, cancellation, repurchase 50,000 .280 Dec 6/11

[dbass66]

We are "in" the handle.  Like someone else said, confirmation will come on the breakout of 0.38, ideally on heavy volume.   /B