Chart Patterns & Algorithmic Trader (Jan. 28, '20) (76)
V Cup & Handle Pattern
s
Reviewed in CPAT
Visa Inc (V) has formed a V-Bottom pattern on its daily chart and trading
above the breakout level of $214.27. V-Bottom patterns are traded when
price closes above the breakout level. A stop is placed below the mid level
of the V-Bottom pattern at $174.05. Targets are placed at $263.8 to $277.2
and $316.1 to $344.2.
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