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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Results have been limited to 9 of the 23 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
LSL C 412.00 0.49 3,466,476 13.24
FUTR B 3552.00 -0.89 890,003 3.10
DIVI D 111.00 0.91 696,112 2.50
BIFF C 358.00 1.85 1,130,514 1.69
REL A 2345.00 0.34 4,155,003 1.62
WHR A 167.20 3.59 1,725,007 1.50
SHB C 612.50 -0.41 510,154 1.42
HSBA B 429.20 2.35 26,470,031 1.10
BARC C 189.68 2.96 40,021,361 1.08
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