During regular trading hours, there were many stocks that continued to break out to the upside.Below these stocks are technical analysis which is lowest point of an downward trend. This is Trading signals that the downward trend is weakening and that buyers are gaining interest. The start of the pattern is a new low during the downward trend and after this point it finds support which stops the stock from falling further. Once stocks found support, it rises to a new resistance level. This sequence happens again and when the stock reaches its support level it will rise to the resistance level again, thus starting an uptrend. The stock needs to break out from the support level so it can rise further. High volume will validate a breakout. Investors should pay specific attention to the support and resistance levels, which will help them determine when to buy or sell the stock.
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Here are some stocks Technical analysis :
Bill Barrett Corp (BBG)-Shares of Bill Barrett Corp (BBG) fell by 1.61% or $-0.34/share to $20.73. In the past year, the shares have traded as low as $20.34 and as high as $52.12.Resistance area is $24.73 and support level at $20.34.
Hecla Mining Co (HL)-Shares of Hecla Mining Co (HL) fell by 0.51% or $-0.02/share to $3.87. In the past year, the shares have traded as low as $3.70 and as high as $8.60.Resistance area is $4.20 and support level at $3.70.
Titanium Metals Corporation (TIE)-Shares of Titanium Metals Corporation (TIE) fell by 1.79% or $-0.22/share to $12.08. In the past year, the shares have traded as low as $12.20 and as high as $19.09.Resistance area is $15 and support level at $10.
Tellabs Inc (TLAB)-Shares of Tellabs Inc (TLAB) fell by 3.53% or $-0.13/share to $3.55. In the past year, the shares have traded as low as $3.61 and as high as $4.68.Resistance area is $4.20 and support level at $3.
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