Replies to post #115878 on Enzolytics Inc (ENZC)

[HangGlidingJesus]

Just curious: What school of technical analysis includes MM manipulation into its projections?

[foxi]

You can see it on the daily! I drew it on this older chart here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164609969

It's a little strange looking with those few days trading flat around $0.30. But it fits these definitions as far as I can see: https://www.investopedia.com/terms/c/cupandhandle.asp

(That's IF the pattern fully forms! We need to break thru resistance today or tomorrow to get back to the cuphandle retest at $0.30)

I'll note that cup and handle is usually associated with a bull trend, forming as a continuation pattern of previous upward movement. But this one, if it fully forms, would actually be the consequence of a long rounding bottom at the end of a bear trend. When that happens it's still valid, afaik!