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
CCL.B A 72.680 1.44 702,401 2.94
ELE D 1.080 -3.57 66,211 2.22
DFN C 5.100 -2.49 658,597 1.88
IFC C 222.400 0.32 531,677 1.88
DFY C 42.910 -0.26 143,009 1.64
DXT F 5.390 0.37 66,223 1.39
PMZ.UN B 13.460 0.15 161,465 1.30
AI C 10.820 -0.73 33,758 1.27
SBC C 8.750 -0.91 26,322 1.19
RAY.A B 7.620 0.66 37,930 1.19
Sign Up to view the next 17 stocks.
Back to All Scans...