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
AIF B 57.750 0.75 93,100 1.48
LNF D 26.560 -0.82 37,000 1.33
ADEN D 37.940 -1.35 59,600 1.22
T D 21.260 -0.56 4,098,900 1.18
GFR C 10.900 6.13 45,784 1.13
RSI A 5.760 0.70 149,700 1.08
TIH D 116.740 0.58 140,400 1.06
HME C 1.880 -3.59 97,100 1.01
RUS B 44.240 1.54 144,500 0.91
STN A 120.060 -0.10 219,700 0.78
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