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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
DVP C 2.220 -5.93 887,223 1.32
CVL A 1.330 0.00 194,824 1.26
TWE F 10.470 -1.60 2,760,519 1.22
MGR D 1.935 -1.02 14,770,659 1.21
HUB B 75.990 1.05 264,799 1.16
PIXX A 5.010 -0.60 194,881 1.15
ALA A 0.195 -2.50 1,379,309 1.05
NHC A 4.930 -0.80 2,137,471 1.04
BSL D 20.130 -1.76 1,337,607 1.00
SDF B 5.870 -2.17 2,229,942 0.95
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