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 99 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
RRR F 50.21 -2.09 2,100,656 3.55
GGG B 89.17 0.75 1,813,542 2.57
EQNR D 23.69 4.50 9,805,824 2.40
HALO C 53.96 -7.93 3,217,755 2.28
BDX F 227.17 -1.75 2,820,259 2.14
EZPW A 12.02 1.43 1,010,165 2.10
TTE F 60.47 1.00 3,404,331 2.03
RYN F 29.72 -1.30 1,236,510 1.93
NOC D 500.34 -3.86 1,186,896 1.87
TU F 15.18 -2.57 4,006,972 1.73
Sign Up to view the next 89 stocks.
Back to All Scans...