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
CFRUY 7.2850 -0.21 3,660,400 7.17
KNRRY 26.7300 0.15 407,200 3.56
CBAF 31.8100 -0.59 3,600 3.28
PKIN 12.7500 1.84 18,000 3.24
UOVEY 36.4600 -0.36 85,849 2.59
VOPKY 54.3300 0.02 7,668 2.43
KUBTY 71.3800 -0.74 31,100 2.30
BHPLF 25.2500 -1.37 943,300 2.20
WTBDY 15.7700 1.22 298,600 2.15
WOPEY 21.9450 -0.66 36,533 1.90
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