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
ELAN C 30.87 -4.55 12,683,340 4.01
LGIH B 121.71 2.80 737,324 2.56
NWE C 58.78 -1.26 470,698 1.57
BF.B F 69.71 -3.29 1,128,812 1.53
LAUR D 13.12 -4.65 1,339,727 1.53
AJG B 122.00 0.25 1,073,842 1.49
FR B 42.05 -1.75 1,130,072 1.41
CUZ B 34.68 0.67 1,170,033 1.36
BWXT B 59.90 -0.91 544,789 1.36
EXC F 39.53 0.56 5,999,682 1.34
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