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Make Money with Cup and saucer formation in stock market | Expalnation with chart

Posted By On 6/02/2009 09:24:00 AM Under
1. One of the most trust worthy pattern in stock markets worldwide is Cup and saucer formation which one has to learn with precision to be able to make tons of money from the market.

2. As the name suggests the cup and handle pattern will be resembling like a shape of a tea cup on a chart. If one has to be doubly sure about the resultant cup formation than one should be on the look out for a “U” shaped formation with the handle having a slight sideways to downward drift with low volumes. If one is able to get the pattern over a longer time frame one is bound to see a powerful upside move and is one of the best bullish patterns.

3. One should avoid calling a V-shaped pattern of cup as a Cup and Handle pattern as it is not very reliable pattern.

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