[isatrader]

WIN.L looking to breakout shortly? Cup and handle?

WIN.L is one I had on the watchlist last year and have lost track of it, but it looks to be forming a cup and handle pattern, and looks to have completed the first actionable area in the last few weeks when it formed a low handle and made an early breakout. Minervini has this setup in his book on page 243 and calls it the cheat setup, and it's basically the lowest point where he attempts to trade a cup pattern.

If you look at the daily chart you'll also note what looks to be a pocket pivot the day before the cheat breakout completed, and is another possible trader buy point. So it looks promising and is potentially tradable, but my only concern at the moment would be the broad market turmoil that has hit the last few days and looks like it effected it today, although it closed above the cheat handle breakout level. Nice find