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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
SLF D 70.120 1.37 3,961,544 2.19
BPF.UN B 15.950 -0.19 57,565 2.06
ALC D 14.450 0.00 22,975 2.04
AND D 40.680 0.35 45,916 1.98
PET F 27.930 0.68 96,087 1.59
EIF C 48.270 0.21 112,066 1.53
CIX F 14.490 -0.48 534,072 1.27
SPB D 9.420 0.75 797,552 1.17
GFL F 43.450 1.78 265,904 1.09
PMZ.UN C 13.510 0.37 129,075 0.98
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