Chart Patterns & Algorithmic Trader (July 27, '20) (38)
CHKP Cup & Handle Pattern
s
Reviewed in CPAT 7/20/20
CHKP's daily chart is forming a C&H pattern and trading near the breakout
level: 119.77. C&H patterns are valid only when price closes above the
breakout level. CHKP Pattern's mid cup Level: 99.87. A stop is placed below
the lowest low of the mid cup or handle's low. Targets are placed at 134.72,
144.1 to 150.8.
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