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Tuesday, August 27, 2013

Stocks to Watch Bullish Ascending Triangle on August 28, 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 27, 2013.

Ticker     Company    
SKM    SK Telecom Co. Ltd.
SYRG    Synergy Resources Corporation
BP    BP plc
BCEI    Bonanza Creek Energy, Inc.
RDC    Rowan Companies Inc.
AJG    Arthur J Gallagher & Co.
HP    Helmerich & Payne Inc.
PTP    Platinum Underwriters Holdings Ltd.
WCN    Waste Connections Inc.
TCAP    Triangle Capital Corporation
NKE    Nike Inc.
BERY    Berry Plastics Group, Inc.
VSH    Vishay Intertechnology Inc.
OMX    OfficeMax Incorporated
CSII    Cardiovascular Systems Inc.
POOL    Pool Corp.
ROC    Rockwood Holdings, Inc.
EBAY    eBay Inc.
CST    CST Brands, Inc.
UAM    Universal American Corp
GMCR    Green Mountain Coffee Roasters Inc.
CECE    CECO Environmental Corp.
SLM    SLM Corporation
CE    Celanese Corporation
X    United States Steel Corp.
DB    Deutsche Bank AG
CSUN    China Sunergy Co. Ltd.
MTSN    Mattson Technology Inc.
CMRE    Costamare Inc.
DSX    Diana Shipping Inc.
WETF    WisdomTree Investments, Inc.

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