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.

Related Scans: Basing Investor's Business Daily / CANSLIM Possible Breakout Bullish Swing Setup
Or combine this in a: Combo Scan or a Back-To-Back Scan
*** This is a Pro scan. Changes to the filters below will only be applied for Gold or Platinum Plan subscribers ***

Pro Scan

Results have been limited to 10 of the 145 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
PFE D 28.46 -1.39 102,201,630 3.49
RDN D 34.69 1.70 2,804,854 3.46
AESI D 20.37 1.75 2,796,517 3.30
WES D 37.39 -1.55 2,454,209 2.86
HAYW B 15.67 5.88 4,604,024 2.83
RUSHA A 54.87 -0.80 628,716 2.38
KEX C 123.05 -1.39 904,577 2.25
GTES B 18.26 -1.51 4,880,280 2.01
TU F 16.02 -0.74 3,889,251 1.95
FMS C 20.39 -2.25 517,377 1.92
Sign Up to view the next 135 stocks.
Back to All Scans...