Chart Patterns & Algorithmic Trader (July 27, '20) (50)
VRSN Cup & Handle Pattern
s
Reviewed in CPAT
VRSN's daily chart is forming a C&H pattern and trading below the
breakout level: 217.33. C&H patterns are valid only when price closes
above the breakout level. VRSN Pattern's mid cup Level: 183.00, and
handle low is 196.29. A stop is placed below the lowest low of the mid cup
or handle's low. Targets are placed at 243.24, 259.5 to 271.0.
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