Chart Patterns & Algorithmic Trader (July 27, '20) (23)
$COMPX Cup & Handle Pattern
s
Reviewed in CPAT
$COMPX's daily chart is formed a C&H pattern and trading above the
breakout level: 9838.47. C&H patterns are valid only when price closes
above the breakout level. $COMPX Pattern's mid cup Level: 8234.90. A stop
is placed below the lowest low of the mid cup or handle's low. Targets are
placed at 11057.01, 11820.3 to 12359.0 and 13045.3.
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