GH Forms Cup with Handle, Nears 168.48 Buy Point in Advancing Stage 2

Posted on by Eben@CANSLIM Research
GH daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

GH is displaying a bullish Cup with Handle base, currently trading at 163.34, just 3% below its 168.48 pivot. The stock remains in a Stage 2 uptrend, holding above a rising 30-week moving average, with 7 of 8 trend-template checks passing. Overall sentiment is bullish, as the setup suggests an offensive opportunity if the handle breakout confirms.

Technical Analysis

As of 2026-08-19 · Close $163.34

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 7.76%)

Detected Patterns — What the Market Is Watching

  • Cup with Handle — depth 15.9%, length 7 weeks, pivot $168.48. Base formed from 2026-07-01 (left-side high) to 2026-08-07, with the low of $143.62 set on 2026-07-28
  • Handle: formed from 2026-08-07 (high $168.48) to 2026-08-14 (low $157.21) — a 6.7% pullback

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