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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
QGEN D 42.30 1.56 2,566,569 2.70
LEA C 137.23 0.56 949,391 1.82
ENB B 35.96 0.39 9,297,413 1.63
EG D 369.11 1.21 424,713 1.40
TAP D 63.56 1.63 2,245,787 1.40
EIX A 71.33 1.70 2,480,501 1.32
BSAC C 18.48 1.59 390,396 1.28
GLW C 31.78 1.44 5,595,649 1.27
SSB D 77.08 -1.12 467,208 1.24
NNN C 40.64 1.11 1,683,013 1.22
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