In the financial world, a "cup and handle" isn't something you drink from, but rather a pattern you might spot on a stock chart! It’s a bullish signal, where the 'cup' represents a period of consolidation followed by a rise, and the 'handle' indicates a slight downward drift before a further potential increase. So, while you can't drink coffee or tea from it, you can certainly brew up some investment strategies if you spot one in the market!

#CLBT

@MusaMansa11 Similar pattern as gold (2012-2022) is it common to get that extra spring down like we saw in September 22 in this type of pattern or is just a different type of asset.
@MusaMansa11 Sorry October is more correct.
@Mattias Gold had the biggest cup and handle ever seen with cup and handle in the handle :) The Giant cup and handle. Look in monthly timeframe see it?
@MusaMansa11 Yes 100% :)
@Mattias
That a monster cup :) agree?
@MusaMansa11 Nice cup of coffee in the morning;).
@MusaMansa11 My SL went in Cellebrite last week. I Will have an eye on this one if it’s breaks out 👍