Cup and Handle formed on Absa, broke up and out of it.
On 12 June I said it was imminent for a breakout to the upside, but I had NO clue how fast this thing was going to rally.
And it was only a Medium Probability Trade
Price>20
Price<200
Now that the price has shot up, it obviously is silly to just buy and go long without waiting for a trend confirmation signal in my case.
But we do have a DOWN gap (Breakaway gap) that has a 70% chance of closing based on history.
However, we need some bullishness before we do anything.
On 12 June I said it was imminent for a breakout to the upside, but I had NO clue how fast this thing was going to rally.
And it was only a Medium Probability Trade
Price>20
Price<200
Now that the price has shot up, it obviously is silly to just buy and go long without waiting for a trend confirmation signal in my case.
But we do have a DOWN gap (Breakaway gap) that has a 70% chance of closing based on history.
However, we need some bullishness before we do anything.
🌐NEW Website 2026:
mati-trader-new.lovable.app
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader-new.lovable.app
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
🌐NEW Website 2026:
mati-trader-new.lovable.app
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader-new.lovable.app
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.