Stocks Making: Cup with Handle on 21/03/2019

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: Swing Setup Bullish Possible Breakout Investor's Business Daily / CANSLIM Basing
*** 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 59 matching stocks. For full access to this scan you must subscribe to a Pro Plan
Symbol Grade Close % Change Volume Vol Surge
TCN 11.560 0.17 778,055 2.90
BNS 72.480 -0.41 6,782,968 2.51
NTR 71.040 -0.03 2,833,810 2.22
RY 102.480 -0.42 5,845,937 2.03
H 20.390 -0.83 1,636,555 1.86
GWO 32.570 -0.18 1,640,388 1.79
HOM.U 9.000 0.00 45,800 1.71
NA 62.490 0.26 2,027,799 1.57
MFC 22.920 -1.21 8,431,480 1.52
PLC 25.230 1.69 71,314 1.52
Upgrade to view the next 49 stocks.

Back to All Scans...