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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
GRT.UN F 68.760 -1.02 325,238 3.86
FOM A 4.360 -0.46 1,440,854 3.25
MTL F 13.140 0.77 359,590 2.27
PET B 31.540 1.12 116,160 2.03
QBR.B F 28.550 0.35 961,600 1.75
AND D 41.390 -0.36 31,312 1.36
CPX F 35.420 0.31 482,563 1.23
PIX.UN A 8.040 0.25 34,610 1.23
NXR.UN F 7.020 -0.57 155,987 1.18
MRG.UN D 15.440 -0.39 22,491 1.13
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