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
COCO B 29.56 -3.96 1,747,580 4.03
FMC A 66.62 10.70 3,274,902 3.50
FMS D 19.11 -6.28 927,836 3.28
TECH C 76.02 7.46 2,663,654 3.19
KEX C 115.59 -6.06 1,343,414 3.19
OSBC A 16.90 1.26 857,815 2.94
GSK F 37.01 -3.04 13,176,072 2.91
TTE F 63.57 -0.72 4,198,120 2.90
HTH F 31.02 -0.19 923,025 2.86
COLM F 76.21 0.12 882,721 2.60
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