real property Monday, 08/18/14 06:52:05 PM Post # of 69218 If you look at a weekly chart you will see the real cup and handle formation. MLSP has been forming its base for about a year now and we are now in the handle formation and the breakout could occur any day.
Here is the yearly chart:
Just like you said, and according to Brichnyc's IBD definition, this would appear to be a "textbook" cup with handle formation.