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
GMAB 24.26 0.79 988,487 3.20
VNO 64.38 -5.02 2,738,700 2.45
PEGI 27.82 -0.29 3,385,006 2.45
ELAN 29.93 -1.71 11,281,800 2.14
CXP 22.02 -1.74 1,327,400 1.91
JACK 88.76 0.74 775,256 1.89
FTDR 45.57 1.33 815,375 1.78
EEFT 144.42 0.08 708,827 1.73
IDXX 290.97 1.47 734,119 1.70
DPZ 297.10 0.45 1,173,100 1.68
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