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
URNAF C 3.0831 -3.35 54,544 18.40
SEKEY B 7.6300 0.79 146,678 5.63
GBOOY B 41.4700 0.48 108,687 4.93
BXBLY A 17.0300 1.13 317,400 4.09
CRC C 43.1600 -9.76 2,260,996 3.48
IBTN A 22.2000 -0.18 8,000 3.16
RSSS B 2.1000 5.00 65,500 3.10
CVX B 179.4500 -4.44 19,649,137 2.54
GBOOF B 8.4000 -2.21 12,600 2.10
GLATF C 2.6600 2.31 217,200 1.90
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