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
CALM 44.87 -0.69 544,000 1.64
PETS 35.82 -5.71 945,200 1.46
UL 54.76 1.01 1,864,800 1.40
KEYS 94.77 -2.94 2,452,800 1.23
CTLT 77.47 -0.69 1,829,500 1.10
CTXS 149.08 -2.10 1,697,300 1.04
PG 124.05 0.13 7,562,259 0.99
STMP 198.63 -5.23 321,100 0.96
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