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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
FAR A 0.520 0.00 557,571 4.43
KYP A 0.120 4.35 1,318,784 2.59
DOC B 0.073 2.82 326,880 2.06
IPG C 4.780 -1.65 458,361 2.04
MOT D 2.150 -0.46 1,098,773 1.83
RFF D 1.950 0.52 493,291 0.94
IPH F 5.660 0.00 730,048 0.89
SOL B 34.950 0.20 279,553 0.77
CQR D 3.530 0.28 993,847 0.70
JHX D 52.170 -1.86 717,463 0.61
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