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
PHP B 100.10 0.81 42,762,334 10.84
SMT B 733.60 1.44 21,652,222 7.36
LAND B 642.31 0.85 10,564,137 4.69
IMB C 1848.00 -0.83 8,803,452 4.32
SUPR C 81.50 -0.73 8,476,828 3.34
CTEC C 224.60 0.45 11,942,084 2.90
FSV D 268.00 0.75 555,957 1.73
MER B 279.50 -0.36 516,000 1.67
HGT C 392.00 0.13 697,479 1.63
IGG C 698.50 0.50 1,372,493 1.36
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