Cup and Handle

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Cup and Handle

In technical analysis, a price trend that resembles a cup and a handle on a chart. It occurs when the price of a security reaches a high and then takes a U-shaped downtrend and uptrend. This is the cup. When the price approaches its previous high, investors who bought at or near the previous high tend to sell their shares, which causes the price to drop slightly. This is the handle. After the handle "completes," the price of the security tends to increase significantly. Technical analysts view cups and handles as buy signals under the correct circumstances.
References in periodicals archive ?
Temperature Should Be Controlled By Thermostate Range Of 5 Degree To 65 Degree For More With Increment Of 1 Degree 6 Copper Cups With Handles And Round One On/Off Switch With Indicator Lamp.
The pots, which are in the forms of bowls, platters, cups with handles, tea bowls, bottles and vases, are almost all handbuilt.
A lift of clattering chains, pulleys and ratchets carried the local ladies of leisure to the caf, where, in a fug of purse-lipped gossip and smoke, they drank coffee from china cups with handles from which little fingers could curl in a social-climbing manner.