W to cup and handle

7 Ağu 2021

What was a W is turning out to be a cup and handle. GBTC unlock was indeed a nothing burger

7 Ağu 2021

Note

20 MA (blue) trajectory heading to cross 200 MA (red) for a golden cross

14 Eki 2021

Note

fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/cup-with-handle
"The price target following the breakout can be estimated by measuring the distance from the right top of the cup to the bottom of the cup and adding that number to the buy point."
53 - 24.5 + 42.7 = 71.2K