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
DNG 1.770 0.00 76,104 3.75
EMX 1.610 -1.23 61,900 3.13
APR.UN 10.430 0.00 155,163 2.47
MTY 64.900 -0.81 107,635 1.43
NA 61.680 -0.19 1,608,166 1.40
RY 104.150 -0.80 3,745,190 1.40
NWC 30.150 -0.89 125,011 1.25
TD 76.300 -0.65 3,291,097 1.17
SRU.UN 34.080 -0.32 284,952 1.11
ATZ 16.740 -1.53 372,415 1.05
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