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Cup and Handle Pattern

I am new to this, but does CLF  Cliffs Natural Resources Inc 1 month chart look like a Cup & Handle pattern?

Posted Nov 07, 15 10:16 PMbyAKTICKER
Tickers  CLF
Views 322 / 0
snhemminger
1
snhemminger Nov 07, 15 11:13 PM

Not perfectly, but yes. The cup part starts with Oct 9th and ends with Nov 3rd at $3.09. The handle is the smaller dip from $3.09 11/3 to $3.09 11/6. According to your technical analysis the stock is breaking out.

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