The Traderszone Network

Published in TZ Latest News 18 August, 2014 by The TZ Newswire Staff

AutoZone Cruises The On-Ramp From Saucer With Handle

Cups and saucers go together on the dinner table — and in the stock market. The cup-with-handle base is the most common launching pad for winning stocks. A saucer and handle is less common but based on the same logic. A stock corrects, recovers, has one final shakeout to eliminate weak holders, then blasts into new high territory. The buy point now provides support to the stock.

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