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.

Related Scans: Basing Investor's Business Daily / CANSLIM Possible Breakout Bullish Swing Setup
Or combine this in a: Combo Scan or a Back-To-Back Scan
*** This is a Pro scan. Changes to the filters below will only be applied for Gold or Platinum Plan subscribers ***

Pro Scan

Results have been limited to 10 of the 30 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
EVT A 11.270 0.54 623,496 4.71
IPG D 4.380 -6.61 489,366 2.53
SXE C 1.675 1.21 856,711 1.65
MND D 12.520 -0.63 252,435 1.41
ORI A 18.170 0.55 1,445,345 1.32
MOT A 2.160 -0.92 694,972 1.17
FAR B 0.490 0.00 128,979 1.09
URW C 6.030 0.50 173,807 1.08
GDF B 1.200 0.00 121,968 1.07
TLC B 5.060 -0.20 2,787,406 1.07
Sign Up to view the next 20 stocks.
Back to All Scans...