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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
AGRO D 10.32 -5.15 1,743,178 3.24
LKQ F 44.67 1.18 5,093,432 2.91
CIVI C 74.48 0.70 3,787,033 2.47
WIX C 135.68 0.35 1,022,279 2.12
BJRI C 36.71 -1.87 712,314 1.89
LVS F 47.03 0.88 8,169,621 1.71
BFAM D 109.06 -3.20 461,995 1.52
SUI F 122.33 1.27 943,133 1.39
PB C 65.13 2.00 675,547 1.38
NABL D 12.78 -0.62 689,158 1.32
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