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Stocks Making: Cup with Handle on

This finds which have formed Cup-with-Handle patterns which are at least 8 weeks long and at most 9 months long.  The beginning, or left side, of cup has to start after a rally of at least 30%.

Then a 20% to 30% correction from the old high (left side cup edge) must occurs.  The stock then builds a rounded base which slowly climbs back toward the old high  The right edge of the cup must be at most 15% below the left edge (the old high).  Then a slight pullback occurs which forms the handle.

The handle can be a minimum of 1 week long & max of 6 weeks in duration. It must aslo form within the top half of the cup and be within 15% of the left side top of the cup.

The official / traditional buy point is when & if the stock rises above the RIGHT edge of the cup on higher than average volume.

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Symbol Grade Close % Change Volume Vol Surge
BWP B 3.520 3.23 2,623,043 2.59
DEG B 1.330 -1.48 9,305,759 2.03
CLW C 3.490 1.45 2,071,276 1.52
RFF C 1.990 2.05 712,514 1.40
COF C 1.215 2.53 1,102,561 1.39
IPX C 2.160 5.88 455,389 1.31
APE D 13.160 2.41 331,705 0.94
WMI A 1.495 0.34 198,767 0.92
COL B 16.330 1.74 2,606,536 0.87
ASK D 1.125 0.90 971,460 0.86
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