Stocks Making: Cup with Handle on 12/13/2018

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
SEP 35.83 1.70 4,268,000 5.43
SRC 39.72 3.84 3,616,100 2.94
DRE 28.06 1.48 3,119,500 1.59
ARES 22.17 0.77 1,011,733 1.55
ASH 74.49 -2.17 1,048,294 1.54
PFSI 22.37 0.77 406,300 1.50
TCPC 14.34 -0.28 499,200 1.47
TERP 11.46 0.44 734,900 1.45
NMFC 12.87 -3.01 412,600 1.44
PK 28.69 -2.05 2,534,000 1.30
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