OK, self confessed user of technical analysis and trend follower, with some usage of William O'Neil CANSLIM methods Enrolled in MBA program, and this is cut and pasted from my textbook Corporate Finance by Ehrhardt and Brigham. Bold by me to make a point. Evidently the authors have not heard of flat base breakout or Cup with Handle patterns. Comments ?
it is more likely that those Corp Finance authors think that technical chart patterns is a bunch of hooey.