A classic C&H pattern for study.

After a good and thorough study of tube investment posted earlier. another classic C&H pattern in making. Check in weekly charts for better structure. The pattern formation is around 16-20 weeks which is quite apt for C&H. Sl for the handle should be 1150 worst case scenario.

Disc : This is for education purpose only and not a recommendation

Komen:

Handle takes support at 20 dma and bounces back . we wait for the target here