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Sunday, September 29, 2013

Stocks to Watch Bullish Ascending Triangle on September 30, 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 September 27, 2013.

Ticker     Company
GERN  Geron Corporation
HALO Halozyme Therapeutics, Inc.
NKE    Nike Inc.
IMMU Immunomedics Inc.
MWE   MarkWest Energy Partners LP
PEB     Pebblebrook Hotel Trust
OMX   OfficeMax Incorporated
WETF  WisdomTree Investments, Inc.
EW      Edwards Lifesciences Corp.
JDSU   JDS Uniphase Corporation
ABX    Barrick Gold Corporation
SKM   SK Telecom Co. Ltd.
C         Citigroup, Inc.
ANN   ANN INC
PGR     Progressive Corp.
CNO   CNO Financial Group, Inc.
HST     Host Hotels & Resorts Inc.
ACCO ACCO Brands Corporation
AIZ      Assurant Inc.
NOV   National Oilwell Varco, Inc.
TCK    Teck Resources Limited

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