1. Cup with Handle Base

2. Saucer Base
The Saucer base is basically a long, drawn out cup base. Characteristics of a Saucer are: 1. A depth of 12-20%. 2. A length of 7 weeks to more than a year. 3. If a handle forms then the buy point is the peak just before the pull back plus 10 cents. 4. However a handle will often not form after the long period of this base. If there is no handle then the buy point is the peak on the left side of the saucer plus 10 cents

3. Tight Closes and Narrow Price Spreads
Double Bottom
Flat Base – (Second Stage)
Second stage base that follows an uptrend off of a stage 1 proper base (cup with saucer, saucer, double bottom) and an uptrend
Tight Closes and Narrow Price Spreads
Prior Sequence
1. Uptrend
2. Proper Base

4. Ascending Base – (Second Stage)
Second stage base that follows an uptrend off of a stage 1 proper base (cup with saucer, saucer, double bottom) and an uptrend
Pull-backs occur at general market declines
Square Box – (Second Stage)
Second stage base that follows an uptrend off of a stage 1 proper base (cup with saucer, saucer, double bottom) and an uptrend
Buy Point = $ 0.10 above highest peak
< 10-15%
4 – 7 Weeks

5. 3 – 4 Weeks Tight – (Second Stage)
Second stage base that follows an uptrend off of a stage 1 proper base (cup with saucer, saucer, double bottom) and an uptrend.
Volume over 3 – 4 weeks is well under control
Weekly closes within 1%, however, 1 week can be 1.5%
Opportunity to add
High Tight Flag
The pattern forms when a stock surges 100% to 120% in four to eight weeks. The stock then corrects 10% to 25% in three to five weeks. The ideal buy point is the high of the flag plus 10 cents
Breakout from Proper Base followed by price run-up of > 100% within 4-8 weeks
3 – 5 weeks correction between 10 – 25%
Buy Point = 0.10 higher than peak of correction

6. Base on Base
If an uptrend is less than 20% and the stock builds another base, it's called a "base-on-base" pattern and is counted as part of the previous base.