Cup and Handle pattern breakout

26 thg 8, 2022

These are risky trade before Jackson Hole Event. So I Would like to take these as BTST trades for tomorrow. If this stock donot give 1%-2% profit, then I will hold till SL. The following are the reasons for taking this trade. For BTST take profit of 1% - 2%. Exit for a stop loss of 1%. If you can hold it for short term then hold it till the target shown in chart and keep those SL in chart.

1. Cup and handle pattern breakout.

2. High Volumes

3. Resistance Breakout.

Please consider these for educational purpose