I learned the right way to play the cup-n-handle is to buy witht eh break of the rim of the cup. For AAPL, I have this set @192. But with that said, I take more risks and tend to buy and sell on the indicators more than the PPS.
So I would be looking at the RENKO chart for my entry. After getting in, I would watch it like a hawk until the PPS broke over the $192 level. At this point just throw a trailing stop on her and let her do what she wants.
But between now and then I would buy and sell based soley on the RENKO. As far as how fast the ground is eaten up, one never knows how hungry the BULLS can be. We can only play the charts.
Boca
Boca_Bobby
Mom said there would be days like this!
