![Equity Oracle: 08/21/14 teo-082114](https://themarketguys.com/wp-content/uploads/2014/08/teo-082114-120x100.png)
There are many different types of price patterns, but the Cup & Handle Pattern is one of the most reliable around. It’s a simple pattern that’s easy to recognize and many traders look for it as an opportunity to make a profit. The key to success is patience. In other words, you have to wait for the breakout to occur before you buy into the stock.