$SGMO approaches cup and handle break-out

GMI6/6
GMI-25/8
T210863%

This RWB daily chart shows clearly the cup and handle pattern. The key is to react after a break-out and not to act before it occurs. Pivot point is around 17.75 and it should be surpassed on above average volume to increase chances it is genuine.

 

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.