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CUP AND HANDLE

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CUP AND HANDLE   The cup and handle formation (also called the cup with handle formation) is a bullish chart pattern that is defined by a chart where a stock drops in value, then rises back up to the original value, then drops a small amount in value, and then rises a small amount in value. WWW.FURTHERGROW.IN The cup and handle formation (also called the cup with handle formation) is a bullish chart pattern that is defined by a chart where a stock drops in value, then rises back up to the original value, then drops a small amount in value, and then rises a small amount in value. THERE ARE TWO TYPES OF CUP AND HANDLES  1.) BULLISH 2.)BEARISH                                        BULLISH WWW.FURTHERGROW.IN BEARISH WWW.FURTHERGROW.IN  Important characteristics • Trend: A cup and handle formation should follow an increase trend, ideally one that is only a few months old. The older the increase trend, the less likely it is that the cup and handl