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Anyone know why the July/August base didn't qualify as a cup with handle in pattern recognition? It's more than seven weeks.
Wouldn't it be great if this one would come gently back to the 10 or 20 day line and launch again with pocket pivot volume?
according to your rules on a pocket pivot buy point.If the stock trades relatively flat following the pocket pivot launch with no dist coming in but also no acc. coming in either do you still hold or would you still consider it a sell because near term lack of demand.
It varies, however I can tell you that if there is no accumulation in a three day set, I am probably lightening he position.
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