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
BBL A 66.05 -0.03 6,188,312 2.43
AXTA B 31.91 -2.54 3,920,950 2.42
MTDR A 43.94 -3.05 3,090,750 2.16
UCTT C 53.69 -11.02 778,799 2.13
FRHC B 65.00 -2.84 1,038,980 1.97
VIRT A 29.49 1.44 1,622,425 1.95
TT C 178.43 -0.87 2,341,832 1.95
JEF C 37.61 -0.05 2,784,724 1.88
WGO C 71.08 -6.00 963,517 1.79
EVRG B 64.52 -2.00 1,955,236 1.76
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