Cup And Handle

A pattern on a bar chart that is in the shape of the letter ""U"" over a period of between 7 and 65 weeks. Once the stock price reaches the second peak of the ""U"", some technical analysts believe that the price will fall as investors who bought at the previous peak start to sell their shares.

This Glossary is provided by www.InvestorWords.com
Copyright©1997-2007 by WebFinance Inc. All Rights Reserved.