google pattern

Discussion in 'Technical Analysis' started by mac, Mar 25, 2010.

  1. mac


    looks like a cup with handle pattern. Handle might be forming in the lower half of the cup though. any thoughts from other technicians?
  2. attaching a longterm chart might help
  3. 1) Maybe it's an ABC correction setting up a "measured move" down to $485/share?
    2) The pattern may look "better" after drinking a few beers. :cool:
  4. Your seeing things. Thats not a cup and handle. Thats a stock heading to $350.
  5. mac


    Thanks for the chart rodney.....I'm not the best at posting charts...yet.