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
EME 79.80 -0.10 1,299,512 3.15
IRBT 130.57 1.43 1,614,649 2.19
BDX 228.04 1.33 2,543,878 2.18
PGRE 14.50 2.47 2,081,054 2.09
CTSH 72.85 1.92 6,243,773 1.93
BCO 81.07 1.34 693,528 1.92
BK 48.47 0.58 8,462,146 1.83
TMHC 19.41 1.78 2,137,723 1.81
RY 80.26 0.10 1,518,196 1.80
CVLT 62.13 1.19 887,210 1.77
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