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
WED A 2.660 0.38 518,110 4.86
FAP D 3.000 -1.32 140,596 2.19
GGD A 3.250 0.00 1,758,237 1.60
FFN B 7.310 0.14 212,937 1.44
REI.UN B 22.530 0.22 1,082,889 1.41
FTN B 11.360 0.53 69,358 1.38
JWEL A 37.980 0.24 66,968 1.33
MFI B 27.400 0.74 390,295 1.30
F B 1.240 -2.36 105,959 1.27
DFN C 8.050 0.75 251,576 1.10
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