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
ASH 75.84 -3.57 2,164,400 4.55
IBKC 73.26 -0.41 936,700 2.35
LOW 113.40 -1.41 7,144,400 2.09
NVRO 104.75 0.11 670,600 1.70
NVS 90.40 0.08 2,829,200 1.65
CNXM 13.54 -1.88 545,500 1.63
ASB 21.59 0.28 1,614,900 1.61
CSOD 60.23 1.18 754,800 1.59
NUAN 16.52 -0.54 3,388,100 1.51
AVGO 317.70 2.13 3,125,800 1.49
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