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: Basing Investor's Business Daily / CANSLIM Possible Breakout Bullish Swing Setup
*** 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 10 of the 172 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
SRC A 49.61 0.12 2,795,499 3.37
UCTT A 60.34 7.60 858,971 2.41
FRHC C 66.90 0.09 1,223,336 2.37
COO B 410.52 -1.35 754,862 2.24
BBL A 66.07 0.30 5,079,999 2.06
PTCT A 43.75 3.60 1,135,255 1.88
WHR C 217.02 -4.30 990,778 1.87
MNST C 89.91 -4.73 4,013,347 1.86
WGO A 75.62 1.71 986,540 1.86
TEL A 160.74 0.70 2,372,240 1.83
Sign Up to view the next 162 stocks.
Back to All Scans...