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
KNX 37.52 -1.42 6,855,900 4.69
OZK 29.25 -1.68 2,185,200 3.10
PBCT 16.05 -3.43 7,665,800 2.98
CSX 76.40 -0.44 10,408,100 2.90
UAL 89.70 0.18 4,115,400 2.10
NOMD 20.77 -0.05 1,812,900 2.09
DFS 84.44 0.96 2,733,000 1.95
OMC 80.49 0.99 2,673,100 1.89
GWB 34.09 -0.84 522,100 1.89
SFL 14.50 -0.55 907,300 1.80
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