Feb. 23 at 3:46 AM
$CABA $NVDA $TSLA $CABA 3-year chart is a textbook cup & handle setup and the depth of the cup is what makes it powerful.
Left-side high formed in the 3.30–3.40 zone. From there price rounded down into the ~2.00 area and based for an extended period — not a V-bottom, but a true rounded U-shape showing accumulation and time under resistance.
Depth of the cup is roughly 1.30–1.40 points (3.35 high down to ~2.00 low). In technical terms, the measured move on a confirmed breakout equals the depth of the cup added to the breakout level.
Breakout zone: 3.20–3.40
Measured move projection: ~4.60–4.80
The handle formed as a shallow pullback after reclaiming the 2.80–3.00 area, with higher lows and tightening range — exactly what you want to see before expansion.
This is structure, not hype. A decisive break and hold above 3.30 with volume confirms the pattern. Until then it’s compression under resistance.
Depth + time + tightening handle = high energy setup.
