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
EHL B 0.810 -0.61 1,172,498 4.73
URW C 6.030 0.00 411,363 2.46
CSL D 276.470 1.00 1,029,625 1.76
SB2 A 0.730 0.00 201,877 1.70
TGF D 1.500 0.67 172,930 1.48
CCP A 18.010 2.97 208,272 1.46
CWY B 2.870 0.00 4,233,148 1.40
NXT D 15.770 -3.67 3,273,034 1.39
MND C 12.700 1.44 213,338 1.20
ORI A 18.000 0.61 1,272,242 1.16
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