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.

Related Scans: Basing Investor's Business Daily / CANSLIM Possible Breakout Bullish Swing Setup
Or combine this in a: Combo Scan or a Back-To-Back Scan
*** This is a Pro scan. Changes to the filters below will only be applied for Gold or Platinum Plan subscribers ***

Pro Scan

Results have been limited to 10 of the 172 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
PAR C 41.49 -7.33 1,273,930 4.59
DOX F 81.70 -4.90 2,231,373 3.27
MMS C 83.67 -0.53 734,695 2.76
TARS D 34.04 -8.86 1,670,545 2.67
TTD B 88.67 3.08 8,743,342 2.51
STR D 23.67 2.42 1,334,604 2.29
BSAC D 18.42 0.44 687,734 2.10
AON D 287.58 1.33 2,354,930 2.01
BRBR C 59.23 1.98 2,135,398 1.91
STE C 225.99 7.57 926,048 1.79
Sign Up to view the next 162 stocks.
Back to All Scans...