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
BDXA 61.33 -0.62 940,900 3.04
ESRT 14.75 -4.03 2,764,000 2.29
SITC 13.46 2.12 2,295,200 2.17
SCS 15.98 2.63 1,071,300 1.98
ALLY 29.84 0.84 5,540,600 1.83
UCBI 27.63 0.77 715,500 1.82
RPM 59.80 -2.95 839,900 1.76
FNB 11.29 0.53 3,592,500 1.75
JPM 107.80 -0.79 18,642,580 1.69
AEIS 53.94 0.88 546,900 1.61
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