Quiz- What would you do with this pattern?

 

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This chart looks at an asset that remains inside of 8-month rising channel (1). It had been weak of late, where it tested rising support at the start of this year.

This asset has “Doubled” the S&P 500 since the lows of 2009, reflecting that it remains a leader.

It looks to be testing the top of a potential bullish cup & handle pattern at (2).

What would you do with this opportunity?

Please feel free to share what you would do with this pattern by sending and email to Services@kimblechartingsolutions.com. If you would like to know what this asset is, send an email asking for the answer to the “1/17/18” Quiz. (thanks in advance for adding the letters ZH so we know where you saw this post)

 

 

 

Chart pattern analysis with brief commentary:   

There is a ton of news and opinions about markets and stocks that make the decision-making process more difficult than it needs to be.    

I believe the Power of the chart Pattern provides all you need to see what is taking place in an asset and determine the action to take.  

This approach has worked well for me and our clients and I encourage you to test it for yourself. 

Send an email if you would like to see sample research and take me up on a30 DAY FREE TEST DRIVE of our Premium or Weekly Research where I provide actionable alerts on breakouts and reversals in broad market indices, sectors, commodities, the miners and select individual stocks  

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