3 possible indicators at least. FUn could go far.

31 déc. 2017

{lease excuse the messy chart, getting used to these tools, slowly.

Look at the Cup and Handles again!

Now, I may be looking for these since they are at the forefront of my mind, but, the second handle has started to fill and I will be looking for a "test" entry when we/if we reach the bottom of the handle.

Elliot Waves seem to be present and for those of you who think I am finding these things because "I want" to find them, maybe you're right, so forget the cup and handles and apply descending pennants.

I expect Elliot waves to re-occur after the cup and handle taking us to our next resistance.

31 déc. 2017

Note

That's a bit cleaner.

31 déc. 2017

Note

Handle or not, Continuation of Elliot Waves or not, FUN is looking like a good medium to long-term investment.

31 déc. 2017

Note

Our handle may appear slightly higher than anticipated, can only be good news for those of you out there already in the trade.

31 déc. 2017

Note

We were right, handle higher than expected, great news. I am opening a minimum trade to test the theory.

31 déc. 2017

Transaction en cours

Stop loss optional, 20% if you want to be strict.

31 déc. 2017

Note

Slowly but surely we seem to be moving into a second exit from a cup and handle formation.