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
MIDD D 129.70 -7.61 2,537,442 4.72
COLM C 80.47 5.59 1,399,275 3.86
BUD D 59.37 -5.63 3,629,262 3.54
RSI A 10.82 0.56 5,263,523 3.18
MSFT D 406.35 -6.05 53,473,867 2.99
FLO F 22.23 0.68 2,412,853 2.63
MRO B 27.70 6.21 13,221,288 2.42
H D 145.45 -7.42 1,158,954 2.35
AMZN B 186.40 -3.28 74,810,104 2.22
IAC F 47.95 -5.98 973,049 2.22
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