Trader's Logbook

SGI has been constructing what looks like a Cup and Handle. Will it be finished before we can pour our gains to the cup? Or the handle will be soft and broke easily? We can also see a long legged doji as our last candlestick similar to what we saw last Jan 24. If the pattern of the previous long legged doji will be replicated, then we might see a rectangle formation in the making which will lead to the failure of C&H but still with bullish sentiment as rectangle formation is a continuation pattern. Generally we have an upward trend.

Caveat!