Article Archive For
Rick Martinelli and Barry Hyman
Trading Within The Cup by Rick Martinelli and Barry Hyman
ARTICLE SYNOPSIS ...Trading Within The Cup by Rick Martinelli and Barry Hyman
The classic approach to trading the cup-with-handle pattern is buying on a pullback during an uptrend before price breaks out. But what about traders who prefer to begin taking a position in a stock as it is setting up, rather than waiting for it to hit a new high? Trading within the cup-with-handle is another way to profit.
In our October 1998 article, we described an automated approach to identify stocks that have set up the cup-with-handle structure with proper price and volume
characteristics. The impetus for writing such an algor...
AUTHOR: Rick Martinelli and Barry HymanDATE: SEP 2001SUBJECT: Classic Technique
Cup-with-Handle and the Computerized Approach by Rick Martinelli and Barry Hyman
ARTICLE SYNOPSIS ...The cup-with-handle is a chart pattern that identifies stocks preparing for uptrends. Here are the steps to convert this pattern to a set of rules for screening your stock database to identify likely candidates.
The CANSLIM approach to investing
combines technical and
fundamental analysis to identify
some of the promising
stocks in a cycle. According to
the system, only those stocks
meeting a set of quantifiable
criteria are candidates for purchase.
In addition, a stock must
exhibit one of three or four
different chart patterns that
summarize less quantifiable aspects of the system.
Manually...
AUTHOR: Rick Martinelli and Barry HymanDATE: OCT 1998SUBJECT: Classic Techniques