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
ICP A 1348.00 1.05 2,273,034 3.10
SFR B 64.20 0.47 1,253,109 3.01
TIGT B 70.80 0.28 1,135,360 2.95
HFD B 200.60 -0.69 1,384,117 2.33
JLEN C 116.20 -3.01 1,562,076 1.70
RR B 149.05 0.17 57,098,211 1.46
SNWS A 53.00 1.53 352,178 1.41
PCTN B 77.80 -2.02 982,249 1.39
WTAN B 228.50 0.44 1,049,035 1.31
BNZL A 3194.00 1.43 653,541 1.26
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