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
PIX.UN C 7.790 -2.26 61,225 3.26
ALC F 14.180 -0.21 37,623 3.23
CJ C 7.070 3.06 1,298,630 2.01
ELE C 1.170 -2.50 53,774 1.75
WCP B 10.680 2.79 3,128,065 1.51
KXS D 148.850 -0.13 70,796 1.37
MRG.UN C 15.380 -1.09 33,613 1.24
GIL B 50.770 -2.03 336,482 1.19
BPF.UN C 15.720 -0.32 30,783 1.04
TNZ D 3.820 1.06 34,499 0.94
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