Equity Oracle: 02/27/15

We traded Sprint late last year and got stopped out for a small loss but now the stock is giving us another chance to get in as a Cup & Handle pattern is showing on the daily candle charts. As you can see from the chart above, the stock dipped down to the $4 area before moving back up to form the handle. Normally we would wait for the breakout before getting into the position but I notice the volume is accelerating as we approach the breakout point and the candles are green.


To gain access to the PDF download and video, sign up for an Equity Oracle Subscription!

No comments yet.

Leave a Reply