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
GNL 19.39 -1.27 2,573,769 4.53
JCOM 91.74 0.50 489,269 1.50
SHLX 21.19 -1.49 1,101,718 1.47
EQH 22.19 0.36 3,406,521 1.46
BPR 19.87 -0.05 1,165,000 1.29
VLRS 10.09 -0.59 401,700 1.27
ARW 74.80 -0.90 762,487 1.24
LNG 65.96 -0.53 2,176,788 1.24
RELX 23.75 1.15 413,188 1.21
ALEX 24.87 0.89 296,690 1.18
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