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
BMO B 93.05 -0.14 2,467,496 2.56
SPB C 90.23 2.28 655,530 2.29
WES C 38.03 -0.45 1,922,378 1.71
HTGC D 18.87 -0.26 1,265,025 1.56
CPA A 102.90 0.33 415,161 1.47
KHC F 31.07 -0.22 10,882,716 1.43
FLNG C 25.94 2.53 417,010 1.41
ADI D 209.65 1.60 3,774,465 1.39
NOC D 488.68 -1.07 875,953 1.32
TU D 15.44 1.78 3,055,351 1.31
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