Polymetal - cup and handle

Is there a possible cup and handle forming? one to watch?

I like that Ronnie ! I have been watching this one closely and made some money on its recent rise, I had not looked at it over one year, but now that I do I think you may be on to something here !

Thanks for this

Ronnie, or anyone for that matter. When do you think it is safe to say that resistance has been broken ? Should the price stay over the line for 1, 2 or 3 days on the trot or what ? And by how much ?

It's finished the day above resistance so clearly broken it and now that area should become support.

as long as the price finishes the day above the resistance then its classed as broken through.
The best level to enter will be on a back test of the old resistance which is now support.
if on the other hand it breaks back through the following day and finishes below ,then it could be classed as a false breakout. False breakout do occur a lot so its important that on the re-test it holds. If it holds then expect higher prices to follow.

Thanks guys, that makes sense. I will watch tomorrow with great interest.