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
GEAGY D 35.1350 -0.47 96,877 7.60
ORKLY D 9.6300 0.00 101,385 3.14
ADDYY C 174.4800 -1.03 108,544 2.36
BACHY A 8.9000 2.89 98,795 1.62
BKRIF A 4.2300 1.93 28,352 1.49
SMGZY A 21.1900 -0.09 13,984 1.37
NTDOY C 72.8850 -3.34 622,803 1.26
HKHHY F 42.9500 -1.49 3,769 1.23
HCMLY A 11.4500 -0.43 54,602 1.20
TRCY A 18.9900 0.74 3,932 1.15
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