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Sunday, September 23, 2012

Stocks to Watch Bullish Ascending Triangle on September 24, 2012

Definition of 'Ascending Triangle'
A bullish chart pattern used in technical analysis that is easily recognizable by the distinct shape created by two trend lines. In an ascending triangle, one trend line 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 September 21, 2012.

Ticker     Company    
VTG    Vantage Drilling Company
SNTA    Synta Pharmaceuticals Corp.
NTSP    Netspend Holdings, Inc.
HTS    Hatteras Financial Corp
CPWR    Compuware Corporation
SYK    Stryker Corp.
TRST    TrustCo Bank Corp. NY
GNOM    Complete Genomics, Inc.
PGTI    PGT, Inc.
DISCA    Discovery Communications, Inc.
NX    Quanex Building Products Corporation
XCO    EXCO Resources Inc.
UPL    Ultra Petroleum Corp.
CVD    Covance Inc.
FXA    CurrencyShares Australian Dollar Trust
ENB    Enbridge Inc.
MTRX    Matrix Service Co.
HBC    HSBC Holdings plc
PACW    PacWest Bancorp
FII    Federated Investors, Inc.
CSGP    CoStar Group Inc.
INTU    Intuit Inc.
WABC    Westamerica Bancorp.
AH    Accretive Health, Inc.
SGMO    Sangamo Biosciences Inc.
PL    Protective Life Corp.
STC    Stewart Information Services Corp.
Z    Zillow, Inc.

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