List of Flash News about cup and handle breakout
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2025-09-13 10:11 |
Solana (SOL) 3-Month Cup and Handle Breakout: Textbook Setup, Confirmation Rules, Targets, and Risk Levels
According to @TATrader_Alan, Solana SOL is forming a textbook cup and handle on the 3-month chart with a breakout in progress. source: @TATrader_Alan on X, Sep 13, 2025 High timeframe signals on quarterly charts are typically more reliable due to reduced noise and trend persistence in multi-quarter moves. source: John J. Murphy, Technical Analysis of the Financial Markets Traders commonly seek confirmation via a decisive close above the cup rim on the operative timeframe accompanied by expanding volume. source: Robert D. Edwards and John Magee, Technical Analysis of Stock Trends; William J. ONeil, How to Make Money in Stocks A practical objective is often estimated by measuring the cup depth and projecting it upward from the breakout level, with risk defined below the handle low or a successful rim retest. source: Thomas N. Bulkowski, Encyclopedia of Chart Patterns; Robert D. Edwards and John Magee, Technical Analysis of Stock Trends Breakout failure is typically defined by a close back inside the handle on the same timeframe, offering a clear invalidation trigger for risk management. source: Robert D. Edwards and John Magee, Technical Analysis of Stock Trends |