From StockCharts: “The handle represents the final consolidation/pullback before the big breakout and can retrace up to 1/3 of the cup’s advance, but usually not more. The smaller the retracement, the more bullish the formation and significant the breakout. ”

1262 was approximately 1/3 of the cup’s advance 🙂 …

Let’s see if the lid stays firmly on the kettle.

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