Runnin’ On…

  • August 27, 2002
  • Duke Heberlein


The running cup and handle on the intraday chart can often foretell an
impending move coming for daytraders.



8-26-2002


13:34:04

Intraday Setup Alert

Northrup Grumman (NOC)
is trading in a running cup and handle at its high. NOC is up 2.89 to
118.62.


Most of the time, this pattern in associated with the
intermediate-term time frame, but as you see, it will work on the shorter-term
as well.

Until tomorrow,

Duke