Just a little too wide or a lot too wide? It's as wide as the cup. Anyway, we'll soon find out. The longer the base, the more powerful the move. The markets are still unsettled so be on your guard. This is not a swing trade recommendation. Just use it to your advantage in your day trading.
A full extension on the CELG C&H pattern would take out all time highs.
HANS was 2nd last on the NASDAQ 100 today. Feels like the next test of support will fail.
4 comments:
Is the handle for CELG a little too wide?
YR
YR,
Just a little too wide or a lot too wide? It's as wide as the cup. Anyway, we'll soon find out. The longer the base, the more powerful the move. The markets are still unsettled so be on your guard. This is not a swing trade recommendation. Just use it to your advantage in your day trading.
GRMN is also printing a c&h on the 15m chart accross 3 days span.
pn
Thanks for pointing that out PN.
I'm looking at a wide range 60 minute chart and it looks like a nice pivot point trade setting up above today's high.
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