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
MGP 31.16 -4.09 16,905,211 15.47
ASH 72.86 -3.93 1,846,689 3.68
NUAN 16.60 0.48 5,456,900 2.37
BJ 25.93 -1.48 4,509,609 2.01
SLAB 104.42 -2.71 489,400 1.90
CRM 164.20 0.15 8,332,754 1.90
APLE 15.99 -0.74 2,086,972 1.67
HSIC 68.35 -1.65 1,665,500 1.66
NVRO 106.94 2.09 651,023 1.64
GM 35.28 -3.02 13,903,781 1.52
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