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: Swing Setup Bullish Possible Breakout Investor's Business Daily / CANSLIM Basing
*** 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 3 of the 6 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
EQC 32.17 -0.25 1,550,400 1.35
JKHY 169.38 1.32 884,500 1.19
PGR 77.81 2.92 4,076,300 0.99
Sign Up to view the next 3 stocks.

Back to All Scans...