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
AVB A 183.78 -1.17 1,393,618 1.78
BSY D 48.17 -3.54 1,736,783 1.59
AMT D 179.20 0.31 3,838,994 1.55
STE D 204.00 -1.11 678,625 1.47
WGO D 64.43 -1.92 840,979 1.45
EXLS D 30.11 -1.02 1,522,191 1.44
PPG D 134.43 -2.30 2,097,363 1.26
UL F 46.76 -1.87 3,179,374 1.23
GEL A 11.80 -1.50 484,074 1.22
DTE C 106.25 0.11 1,506,294 1.21
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