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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
MRG.UN D 15.550 -0.58 46,689 2.24
EMA F 46.740 0.09 2,548,773 2.16
SPB D 9.430 0.43 1,088,787 1.56
QBR.B F 28.920 1.19 790,569 1.55
GRT.UN F 69.680 0.48 110,594 1.42
CPX F 35.590 -0.22 532,676 1.40
MRU F 69.900 0.47 559,062 1.23
CCA D 56.610 0.44 97,101 1.17
PZA D 13.350 0.91 30,835 1.16
RS F 11.850 0.77 21,501 1.09
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