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Cup and Handle Pattern

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  • ]A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.

  • A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.

  • Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
Note
The author is not a SEBI registered analyst.
Readers are advised to consult their financial advisors for investment-related

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