It can't be something so bullish because I am supposed to be scared right now, and not some lunatic with a 718 upside target (to go with the existing 675). Indeed, email updates to subscribers today reveal a more sober Biiwii with some parameters that, if broken, increase the caution level.
I just noticed the Cup & Handle because I have been managing a Symmetrical Triangle and its bullish ultimate target for weeks now.
Separately, MACD is still zero plus and the over bought situation (which NFTRH noted weeks ago) has been bled off. I do not make the charts do what they do, I just interpret them. This is but one interpretation; a potential Cup & Handle.
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