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I keep hearing people say "its a 5 handle" or 3 handle, various numbers like that. I'm not sure if this is related to the cup with handle pattern or something else. And if it is related to the handle on the cup, what makes it a 1, 2 or 3 etc handle?

Edit: The fact it was a percentage of growth was implied, so a 5 handle was a 5.xx% increase in price.

Usage: "You're looking at a possible 5 handle, maybe even a 7 handle"

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Per Investopedia:

A handle is the whole number part of a price quote, that is, the portion of the quote to the left of the decimal point.

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  • That doesn't seem related to technical analysis, but maybe the OP was wrongly assuming it was.
    – D Stanley
    Aug 29, 2022 at 21:28
  • @D Stanley I definitely could have assumed that incorrectly.
    – Marcelino Lucero III
    Aug 29, 2022 at 22:42
  • @Nanoman So would a 5 handle be 5 times the previous handle or just 5.xxx? I don't know if 5.xxx would make sense with the context I keep hearing it used, but that could be due to my bad assumptions.
    – Marcelino Lucero III
    Aug 29, 2022 at 22:47
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    or is it something with a 5-digit price?
    – user253751
    Aug 30, 2022 at 1:35
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    @MarcelinoLuceroIII Normally 5.xxx. Maybe you could put more info on the context in the question.
    – nanoman
    Aug 30, 2022 at 2:58

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