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.

Related Scans: Swing Setup Bullish Possible Breakout Investor's Business Daily / CANSLIM Basing
*** This is a Pro scan. Changes to the filters below will only be applied for Gold or Platinum Plan subscribers ***

Pro Scan

Results have been limited to 10 of the 68 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
AZN 52.60 -1.81 11,639,670 2.43
RMBS 15.81 -1.80 1,189,335 2.09
PPL 29.39 -4.20 9,230,100 2.06
ILPT 22.01 -0.18 551,775 1.99
SJM 118.00 0.18 1,458,200 1.85
FNV 130.48 3.69 1,073,600 1.54
MCO 276.57 1.84 1,036,900 1.54
LPSN 55.65 4.96 912,016 1.35
CCEP 44.54 0.63 2,044,800 1.33
SMAR 55.40 7.99 1,607,100 1.29
Sign Up to view the next 58 stocks.
Back to All Scans...