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Tuesday, August 20, 2013

Stocks to Watch Bullish Ascending Triangle on August 21, 2013

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 trend line 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 Right here. day .You can also check previous stocks to buy reports- Right Here

Below these are the Bullish Ascending Triangle Pattern stocks on August 20, 2013.

Ticker     Company    
PACB    Pacific Biosciences of California, Inc.
XRTX    Xyratex Ltd.
DSX    Diana Shipping Inc.
GMCR    Green Mountain Coffee Roasters Inc.
CBEY    Cbeyond, Inc.
TOL    Toll Brothers Inc.
IMMR    Immersion Corporation
BKE    Buckle Inc.
EXR    Extra Space Storage Inc.
MSG    The Madison Square Garden Company
CST    CST Brands, Inc.
OMX    OfficeMax Incorporated
CBRL    Cracker Barrel Old Country Store, Inc.
VRNT    Verint Systems Inc.
FCN    FTI Consulting, Inc.
AJG    Arthur J Gallagher & Co.
MKSI    MKS Instruments Inc.
X    United States Steel Corp.
RDC    Rowan Companies Inc.
SKM    SK Telecom Co. Ltd.
THRX    Theravance Inc.
SNE    Sony Corporation
NKA    Niska Gas Storage Partners LLC
DB    Deutsche Bank AG
NKE    Nike Inc.
EBAY    eBay Inc.
BP    BP plc
CE    Celanese Corporation
OMER    Omeros Corporation
TM    Toyota Motor Corporation
AMRE    AmREIT, Inc.
AREX    Approach Resources, Inc.

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