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Wednesday, September 21, 2011

Alert for Upward Wedge Forming: (GS), (RGS), (AMRN), (BPZ), (NBTB)

Downward wedge patterns have been noticed on September 21 for the stocks The Goldman Sachs Group, Inc, Regis Corp, Amarin Corporation plc, BPZ Resources, Inc, and NBT Bancorp, Inc. The price range of these stocks is getting more narrow as the downward trend continues, thus signally the trend is losing steam. This sends a bullish signal to investors as the downward trend is ending.

Shares of The Goldman Sachs Group, Inc (GS) fell by 3.92% or $-4.02/share to $98.59. In the past year, the shares have traded as low as $99.78 and as high as $174.00. On average, 7610110 shares of GS exchange hands on a given day and today's volume is recorded at 7030427.

Shares of Regis Corp (RGS) fell by 3.60% or $-0.50/share to $13.37. In the past year, the shares have traded as low as $12.40 and as high as $21.44. On average, 530630 shares of RGS exchange hands on a given day and today's volume is recorded at 393572.

Shares of Amarin Corporation plc (AMRN) fell by 0.28% or $-0.03/share to $10.77. In the past year, the shares have traded as low as $2.43 and as high as $19.87. On average, 2202970 shares of AMRN exchange hands on a given day and today's volume is recorded at 1547098.

Shares of BPZ Resources, Inc (BPZ) fell by 5.57% or $-0.18/share to $3.05. In the past year, the shares have traded as low as $2.07 and as high as $6.83. On average, 2109850 shares of BPZ exchange hands on a given day and today's volume is recorded at 1504138.

Shares of NBT Bancorp, Inc (NBTB) fell by 3.19% or $-0.59/share to $17.92. In the past year, the shares have traded as low as $17.50 and as high as $24.29. On average, 110550 shares of NBTB exchange hands on a given day and today's volume is recorded at 112473.