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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
LYV D 95.99 2.69 2,743,180 1.19
DE F 374.96 -1.13 1,511,575 1.06
HRL C 35.11 1.04 2,474,875 1.05
ES D 57.53 0.00 2,058,856 0.97
LKQ F 42.92 1.23 1,671,605 0.94
ZBH F 116.41 0.48 1,084,244 0.92
VAL C 72.99 -1.10 730,502 0.90
ASX B 11.15 1.46 4,678,836 0.85
BLKB B 79.32 0.14 214,471 0.84
CTRA C 27.13 0.22 5,008,401 0.82
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