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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
E B 31.35 1.88 503,562 2.00
RNG F 31.31 2.02 2,238,003 1.74
GSK F 39.45 -2.11 5,321,119 1.47
BPOP D 94.55 -0.89 595,484 1.41
APH D 62.14 -2.33 8,605,569 1.40
AMGN D 319.73 -0.18 2,614,425 1.30
ICLR F 294.39 3.47 709,597 1.22
HSY D 193.41 0.83 1,601,941 1.20
DCI B 73.48 0.42 542,857 1.19
PLD D 124.18 -0.35 3,803,488 1.16
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