Jan. 8 at 8:49 PM
$CABA $NVDA $PFEThis isn’t the first time this stock has done this.
Before the run to 26, the setup was the same: a long rounded cup followed by a frustrating handle that convinced everyone it was dead. Price went nowhere, sentiment turned bearish, and people got shaken out right before the move.
That prior run didn’t start on good news. It started after months of basing, tightening, and boredom.
That’s exactly what’s happening again.
The cup is already formed. The current consolidation is the handle — shallow pullback, tightening range, support holding. That’s digestion, not weakness.
Same structure.
Same psychology.
Same frustration phase.
Last time, once the handle resolved, price didn’t drift higher — it launched.
Cup-and-handle breakouts don’t happen when everyone’s ready. They happen when most people are tired of waiting.
You’re welcome!
