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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
INN 12.05 1.43 2,631,382 3.20
PPL 31.92 -0.72 10,670,390 2.40
AMX 15.16 -0.59 4,913,661 2.25
JKHY 142.63 0.46 820,508 2.12
CVA 16.26 -0.97 1,160,922 2.08
ARW 74.90 1.37 1,173,530 1.84
DOV 95.98 0.07 1,394,225 1.83
WFC 50.11 1.70 37,944,234 1.82
KNX 35.70 -0.89 3,531,191 1.78
ALLE 101.79 1.33 1,113,353 1.67
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