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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
LNF D 26.970 -3.06 52,700 1.96
T D 21.810 3.76 6,629,800 1.86
GFR B 10.650 -0.56 67,200 1.80
ALS B 26.350 -2.52 144,500 1.76
NET.UN C 5.430 -0.18 27,641 1.64
TIH D 118.650 -0.48 191,200 1.53
RUS B 42.200 -3.56 253,200 1.47
LB B 27.100 0.37 470,000 1.34
BLX D 33.220 -0.12 313,200 1.22
TECK.B B 67.780 -4.27 1,704,135 1.14
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