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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
TFII F 186.030 -3.42 710,028 4.63
WCP D 9.970 1.02 6,866,821 3.03
CSW.A F 12.640 -0.71 25,692 1.78
MAL C 9.280 -0.11 18,769 1.77
SDE F 3.650 0.55 345,363 1.46
MDI D 8.500 0.83 126,698 1.39
TECK.B B 70.890 -1.46 1,942,592 1.36
XOM D 21.750 2.59 18,329 1.30
LB B 27.400 0.51 418,651 1.29
DSG C 137.990 -2.38 111,465 1.10
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