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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
NTAP C 122.34 -3.43 5,615,551 3.56
ASGN F 89.24 5.61 893,392 2.65
CPA D 93.37 0.66 851,412 2.64
CP D 76.69 1.99 5,973,290 2.39
ROK B 290.86 4.51 1,837,833 2.36
DEO F 120.09 1.69 1,209,354 1.74
WMG C 31.85 2.15 2,664,520 1.74
IAC D 48.47 1.55 925,035 1.67
TU F 15.20 -0.78 3,618,145 1.52
KHC F 31.81 2.32 12,392,030 1.50
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