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
NCYF D 51.10 -0.97 6,845,357 6.87
CRN C 85.00 2.29 625,902 2.04
TATE C 754.80 -1.64 1,172,918 1.31
BNKR B 103.60 0.58 1,945,343 1.18
BSIF A 140.50 -0.35 1,034,785 1.15
NESF B 111.60 0.18 885,510 1.14
LWI C 124.50 -1.19 366,040 1.11
WTAN A 230.00 0.88 751,469 1.02
RICA A 315.00 0.32 857,944 0.98
HICL C 167.40 -0.95 2,583,271 0.97
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