Hello Mike,
Do you think this can qualify as a cup with handle? Thanks very much.
Adriano
[ATTACH=CONFIG]16171[/ATTACH]
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Hello Mike,
Do you think this can qualify as a cup with handle? Thanks very much.
Adriano
[ATTACH=CONFIG]16171[/ATTACH]
Adriano, GLD has formed a well formed cup with handle. It has many areas of tight closes on a weekly chart. It also shows a larger number of high volume accumulation bars than high volume distribution bars in the base.