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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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Results have been limited to 8 of the 21 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
GQG C 2.500 -7.75 3,394,057 0.99
HLI B 4.140 2.48 902,448 0.98
IPH F 5.700 -2.73 714,270 0.92
RFF D 1.975 0.77 439,623 0.87
CQR C 3.540 -1.12 1,212,611 0.85
GOR B 1.725 2.99 3,307,114 0.68
ELD D 8.540 0.00 258,662 0.63
SOL A 35.200 -0.65 229,412 0.63
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