How To Profit From Stocks Forming Cup Patterns
We’ve shown you
how to profit from short-sell set-ups the past two weeks. But the next
pattern that will yield profits in the near future is the Coming Up The
Right Side Of The Cup pattern which we’ll talk about and show you
current and past examples of here.
When we talk
about issues Coming Up The Right Side of a cup understand that there can
be no cup until you have an actually bottom of a cup. Take a look at a
few examples from the past of what we are talking about.
Now let’s take a look at a few current names:
Add our current position NQ to this list too.
So here we are
stacked in cash after locking some nice gains on the short side. From
here we are going to be looking for long side names that we can work
with over the coming days. We suspect from here it’s going to be more of
a market of stocks focus for a little while with something for everyone
both long and short.
To learn more about this pattern and to trade in tandem with us regardless of the size of your portfolio, sign up for our free newsletter or “like us” on Facebook.