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
SXE C 1.615 -3.58 1,502,879 2.75
HCW D 1.135 3.18 2,718,162 2.74
TLC A 5.120 0.00 7,311,109 2.73
ORI A 18.050 0.28 2,647,702 2.32
SOL A 35.070 2.39 792,073 2.29
EHL A 0.830 2.47 576,797 2.27
CWY B 2.880 0.35 6,487,467 2.12
CCP A 17.840 -0.94 280,886 1.93
SHL A 27.960 -0.04 1,715,470 1.92
MGR B 2.180 3.32 19,776,394 1.86
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