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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
HME C 1.770 4.12 151,779 2.01
TIH C 127.170 1.48 172,167 1.72
RSI C 5.740 1.23 205,097 1.58
EQ D 1.090 -0.91 16,000 1.39
EFX D 7.270 -2.28 296,576 1.35
LIF C 30.210 0.90 247,388 1.34
T B 23.010 -0.22 3,369,614 1.04
ATD D 75.000 -1.15 1,522,861 1.04
GIB.A B 157.170 0.56 277,279 0.85
AQN D 7.480 2.19 2,197,193 0.80
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