Invalid date chosen. Displaying data for the latest date instead.

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.

Related Scans: Basing Investor's Business Daily / CANSLIM Possible Breakout Bullish Swing Setup
Or combine this in a: Combo Scan or a Back-To-Back Scan
*** This is a Pro scan. Changes to the filters below will only be applied for Gold or Platinum Plan subscribers ***

Pro Scan

Results have been limited to 10 of the 27 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
ADEN C 40.880 0.29 142,200 2.39
QTRH C 1.710 6.88 304,898 2.34
TRI D 226.200 0.82 456,300 1.48
RUS B 44.340 2.19 229,638 1.44
T D 21.420 -1.02 5,039,767 1.42
BRK A 36.150 0.25 70,991 1.27
LNF D 26.400 -1.12 32,427 1.20
ARG C 1.710 0.59 238,705 1.02
IMO B 103.680 -2.11 853,165 0.91
WTE C 23.920 -0.37 80,086 0.91
Sign Up to view the next 17 stocks.
Back to All Scans...