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
CWEN C 31.22 -5.99 5,150,826 7.59
CADE B 22.16 -2.08 3,971,432 4.90
NEE C 81.67 0.26 14,634,168 2.21
WFC A 48.38 6.78 55,753,356 2.15
FRHC B 63.30 -1.45 768,419 2.09
AER A 61.12 1.14 1,602,632 2.04
RRX C 144.25 1.27 971,441 1.86
PKG D 133.71 -3.88 1,066,856 1.85
NBIX B 104.54 1.86 895,863 1.69
GPRE D 34.64 -2.89 1,491,657 1.49
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