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
MFA B 10.48 -1.50 1,139,706 1.90
OGS C 62.78 -1.68 696,870 1.81
DX D 11.72 -1.84 2,583,439 1.74
FFIN C 28.89 -2.17 957,025 1.69
DLB C 80.24 1.27 629,788 1.68
SCS B 12.96 0.00 1,106,003 1.64
TRIN D 14.05 -0.64 663,384 1.61
EHC B 85.36 -0.33 975,696 1.59
NTST D 16.18 0.50 1,097,821 1.55
TOWN C 27.01 -0.95 358,493 1.43
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