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
PCFT D 160.00 -0.31 989,004 2.60
HICL D 167.40 -1.53 4,244,555 2.10
PRU D 1392.00 0.14 8,584,203 1.71
KGF D 343.50 0.29 6,161,823 1.48
RYA A 16.91 0.96 550,230 1.48
DLAR B 185.00 -2.12 443,172 1.29
CRH D 3650.00 -0.82 754,310 1.25
MNZS B 314.00 6.26 368,353 1.19
INPP F 163.00 -1.81 2,658,290 1.16
RDSA A 1529.20 0.35 5,664,466 1.14
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