1. What are the two key mistakes beginners make in reading trends?  2. Which “key” chart pattern reveals a top or bottom is near?
3. What are the most reliable chart patterns? 
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Sep
20
2007
Trade of Day – Amtech Systems (ASYS) Breaks Out of Cup With Handle

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 1

I haven’t featured too many cup with handle bases in the trades of the day segment, but they  are one of most successful chart patterns in a strong market.  On such cup with handle chart that has caught my eye recently is ASYS which has carved out a short but very bullish looking cup pattern and today is breaking out of the handle formation and briefly touched all time highs before pulling back.  Looking at buy vs sell volume ratios, all indications point to further gains from here.

asys cup with handle breakout

More on this topic (What's this?)
Grey Sunday’s Best (Canadian Personal Finance Blog, 11/26/11)
Obama and New York Times Are Both Like Match-Play Golf and "Tin Cup" (IT Investment Research, 8/24/11)
Tesla Motors (TSLA) Breaks Out Of Cup With Handle Base On Secondary Offering (Green Stocks Central, 5/26/11)
Momentum Stock: Amtech Systems Inc. (ASYS) (Jutia Group, 2/5/07)
Read more on PERU COPPER, Amtech Systems at Wikinvest

Filed under Stock Trade of the Day by Tate Dwinnell

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October 13, 2008
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Market Needs Rest Before Tackling Double Top | Self Investors @ 8:44 pm

[...] 2. Be Zen, Be Like Ben; Stock of Day: Yingli Green Energy (YGE) 3. Trade of Day – Amtech Systems (ASYS) Breaks Out of Cup With Handle 4. Secondary Offerings & Valuation Downgrades May Offer Opportunity [...]

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