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
BOH C 64.85 -0.05 506,216 1.60
GILD B 83.89 1.01 9,198,943 1.56
UGI C 24.15 1.39 2,810,734 1.55
TU C 16.78 -0.47 2,776,247 1.32
YUM D 130.60 -1.32 2,186,221 1.16
BERY B 67.54 0.43 840,130 1.09
XOM D 114.58 0.35 12,564,484 1.06
PRGS C 57.52 -1.07 326,368 1.04
PLD C 127.02 -1.44 3,498,583 1.03
PEP C 175.21 -0.94 5,307,656 1.01
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