SUMMARY
The Cup & Handle formation for Polymath (POLY) is just about complete and confirmed, if not already!! This is a very bullish stage! With patterns, there is no such thing as a perfect pattern, so yes, the Cup formation is a bit tilted but it is still valid.
Look how oversold the MACD is!! It's about to blowout! The price is just about breaching the upper white line of the handle formation. The Elliott Waves show that five waves up completed (blue) and corrected to form the handle which sequenced in wxyxz.
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Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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