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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
RFF D 1.960 -1.01 1,074,490 2.48
CQR B 3.600 -1.64 2,399,869 1.78
TWE D 10.750 -2.01 4,305,930 1.60
MCE C 0.350 2.94 197,292 1.54
WOW C 33.790 -3.40 2,960,274 1.32
WAX A 1.200 1.27 143,603 1.19
COE C 0.195 0.00 3,972,018 1.13
DXI A 2.920 -1.02 402,163 1.11
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