Stocks Making: Cup with Handle on 08/17/2018

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
CIO 12.92 -0.39 2,644,100 9.31
NVDA 244.82 -4.90 28,528,000 3.16
TRTX 19.93 0.35 1,125,003 3.00
WRI 31.08 1.11 1,525,854 2.63
COT 15.97 2.11 1,727,800 2.24
GILD 72.92 -3.53 13,337,200 2.04
KLAC 112.40 0.14 2,816,300 1.91
NFG 56.69 0.21 770,700 1.82
BLL 40.66 0.89 5,103,700 1.78
MWA 11.74 0.77 1,285,900 1.74
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