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
CRN C 86.70 2.00 698,943 2.30
HFEL C 288.00 0.35 527,854 1.56
WTAN A 235.50 -0.21 1,096,527 1.45
AV C 450.30 -0.49 9,083,912 1.43
AUTO B 638.20 0.25 2,982,694 1.35
CCH C 1989.00 1.30 652,270 1.31
HDIV B 73.70 0.27 370,382 1.27
BGS B 163.80 0.37 474,002 1.23
NESF D 111.20 0.18 840,516 1.19
ESP B 88.80 -0.67 858,001 1.17
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