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
WTR 37.15 6.69 25,821,703 19.56
BDX 227.89 0.89 2,541,638 2.26
MDSO 78.87 3.49 1,211,500 2.25
PFE 39.38 -1.25 47,922,272 2.17
AXP 113.94 1.95 6,168,698 1.89
NEM 33.04 -3.34 25,887,533 1.89
BK 48.41 0.12 8,308,430 1.87
SNN 37.99 -1.04 1,025,044 1.77
MMSI 57.66 -0.24 649,614 1.75
NSP 121.06 -3.05 606,154 1.71
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