A pattern on a bar chart that is in the shape of the letter "U" over a period...
An accumulation pattern observed on bar charts. The pattern lasts from 7 to 65 weeks; the cup is in the shape of a 'U' and the handle is usually more than 1 or 2 weeks in duration. The handle is a slight downward drift with low trading volume from the right-hand side of the formation.
A popular pattern that triggers a breakout through a triple top. The formation draws a long and deep base after an intermediate high. The market rallies into a double top failure that creates the "cup". It pulls back in a small rounded correction that forms the "handle" and then surges to a new high.
A pattern on bar charts. The pattern can be as short as seven weeks and as long as 65 weeks. The cup is in the shape of a U. And the handle has a slight downward drift. The right hand side of the pattern has low trading volume.
A bullish technical pattern. To be strongest, the pattern should be no shorter than 7 weeks, but can be much longer. The cup is in the shape of a “U,†and the handle has a slight downward drift which is a shakeout period. The right hand side of the pattern has low trading volume, and the buy point is when the price moves out of the handle position on strong volume.
A period of accumulation observed as a price pattern on bar charts that lasts from seven to 65 weeks. The initial price pattern is the shape of a cup or shallow 'U'. The handle typically lasts for just one or two weeks. The handle is a slight retracement of the last rally with low trading volume during the right-hand side of the formation.