Replies to post #25660 on lowtrade

[Kristallweizen]

It´s not a cup & handle...IMO

[lowtrade]

The cup & handle pattern is a continuation pattern. It requires a previous up trend. No XG was in a down trend.

http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_cont

[3kidsplus1]

Well it does look like an inverted cup and handle, not sure which way it will spike though..

First time I saw XG it was about 5 dollars, then it went up to 6 dollars and I thought I missed the boat, shortly it went all the way up to 15 dollars, would have been a nice triple back then. I think I would have hit my target of making 100 g's for the year.