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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
MCK C 599.75 -1.18 1,855,651 2.40
CRM C 330.81 -4.92 13,237,359 1.97
DOCS B 58.26 0.21 3,175,095 1.73
KLIC F 42.59 -1.84 857,726 1.72
YUMC C 49.65 9.07 3,284,878 1.57
SMPL D 37.00 0.41 1,594,400 1.54
NBIX C 150.51 -0.46 1,287,957 1.33
HST F 16.69 1.95 8,751,739 1.28
TAP F 54.35 2.01 1,844,216 1.17
ASND F 125.02 -3.39 475,420 1.14
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