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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
FAP B 2.640 0.00 89,666 3.33
DFN D 5.080 1.70 559,960 1.83
AQN C 8.580 0.59 3,842,168 1.56
BIPC B 49.300 0.88 310,806 1.38
SBC C 8.730 0.81 28,601 1.34
TECK.B C 69.230 2.56 1,138,274 1.06
SII C 61.360 -1.71 33,433 1.05
BK B 10.920 0.28 66,916 1.01
AX.UN B 6.650 0.30 131,440 1.00
SPPP C 13.410 -1.18 13,315 0.92
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