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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
TPG D 4.350 -0.23 1,690,618 1.78
URW B 6.200 0.00 235,798 1.39
TLC A 5.160 0.78 3,765,576 1.39
MND D 12.640 0.72 246,683 1.34
MOT B 2.150 -0.46 816,554 1.34
HPI A 3.700 -0.54 585,719 1.31
BKW D 26.600 0.04 254,902 1.27
HVN B 4.790 1.48 2,171,519 1.26
SB2 A 0.725 1.40 147,177 1.25
DXC C 2.900 -1.02 232,425 1.22
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