Invalid date chosen. Displaying data for the latest date instead.

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.

Related Scans: Basing Investor's Business Daily / CANSLIM Possible Breakout Bullish Swing Setup
Or combine this in a: Combo Scan or a Back-To-Back Scan
*** This is a Pro scan. Changes to the filters below will only be applied for Gold or Platinum Plan subscribers ***

Pro Scan

Results have been limited to 10 of the 38 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
AND C 2.300 -5.74 800,956 3.80
PPT D 21.990 -8.45 980,854 2.52
GNC B 7.800 -0.76 1,395,629 2.05
EDV C 5.220 -0.38 7,900,432 1.80
SNC C 0.735 -0.68 143,105 1.43
IGL C 2.030 -3.33 280,395 1.38
WMI C 1.460 0.34 359,502 1.38
DXC C 2.620 -1.50 213,362 1.33
PL8 C 1.195 -0.42 563,526 1.06
CLW C 3.480 0.29 1,421,363 1.05
Sign Up to view the next 28 stocks.
Back to All Scans...