How to Spot a “Saucer-with-Handle” Price Pattern

A “saucer with handle” is a price pattern similar to the cup with handle except that the saucer part tends to stretch out over a longer period of time, making the pattern shallower. (If the names “cup with handle” and “saucer with handle” sound unusual, consider that for years you have recognized and calledcertain constellations of stars the “Big Dipper” and the “Little Dipper.”) Jack Eckerd in April 1967 was an example of the saucer-with-handle base.
Example: