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Saturday, April 28, 2012

Stocks to Watch Bullish Ascending Triangle on April 30, 2012

Definition of 'Ascending Triangle'
A bullish chart pattern used in technical analysis that is easily recognizable by the distinct shape created by two trendlines. In an ascending triangle, one trendline is drawn horizontally at a level that has historically prevented the price from heading higher, while the second trendline connects a series of increasing troughs. Traders enter into long positions when the price of the asset breaks above the top resistance.

The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Regardless of where they form, ascending triangles are bullish patterns that indicate accumulation

Take a look other Today's Big Movers of the day Right here.You can also check previous stocks to buy reports- Right Here

Below these are the Bullish Ascending Triangle Pattern stocks on April 27, 2012.

Ticker     Company    
DHX    Dice Holdings, Inc.
NX    Quanex Building Products Corporation
VIT    VanceInfo Technologies Inc.
RBS    The Royal Bank of Scotland Group plc
FRED    Fred's, Inc.
QUIK    QuickLogic Corporation
HSC    Harsco Corporation
ACW    Accuride Corp.
WSTL    Westell Technologies Inc.
RVBD    Riverbed Technology, Inc.
WSM    Williams-Sonoma Inc.
STE    Steris Corp.
KOPN    Kopin Corp.
CTSH    Cognizant Technology Solutions Corporation
PNM    PNM Resources, Inc.
MANT    ManTech International Corporation
MOS    The Mosaic Company
AVA    Avista Corp.
BIRT    Actuate Corporation
OMI    Owens & Minor Inc.
PCH    Potlatch Corporation
COWN    Cowen Group, Inc.
ITG    Investment Technology Group Inc.
NVS    Novartis AG
X    United States Steel Corp.
PLX    Protalix BioTherapeutics, Inc.
UL    Unilever plc
XTEX    Crosstex Energy LP
GTE    Gran Tierra Energy, Inc.
SMBL    Smart Balance, Inc
BIN    Progressive Waste Solutions Ltd.
AH    Accretive Health, Inc.

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