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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
MSFT D 29.860 -5.92 893,000 5.48
BMO A 126.880 -0.67 8,673,846 2.71
AMZN B 22.220 -3.35 491,692 2.52
KXS C 154.640 -1.72 180,973 2.12
FC C 11.300 -1.82 116,670 1.74
ARG B 1.710 -0.58 330,788 1.62
TCW D 4.620 1.76 987,376 1.62
TIH D 123.000 -1.51 165,562 1.52
CEU A 7.980 2.84 942,212 1.51
CSU C 4199.040 -3.06 36,957 1.40
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