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Wednesday, November 30, 2011

Alert for Upward Wedge Forming: (NRG), (EZPW), (HTS), (VNET), (UNG)

Downward wedge patterns have been noticed on November 30 for the stocks NRG Energy, Inc, EZCORP, Inc, Hatteras Financial Corp, 21Vianet Group, Inc, and United States Natural Gas. 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 NRG Energy, Inc (NRG) traded higher by 3.47% or $0.66/share to $19.67. In the past year, the shares have traded as low as $18.22 and as high as $25.66. On average, 2833120 shares of NRG exchange hands on a given day and today's volume is recorded at 3045438.

Shares of EZCORP, Inc (EZPW) traded higher by 4.85% or $1.34/share to $28.99. In the past year, the shares have traded as low as $25.04 and as high as $38.66. On average, 536190 shares of EZPW exchange hands on a given day and today's volume is recorded at 338513.

Shares of Hatteras Financial Corp (HTS) traded higher by 3.00% or $0.78/share to $26.79. In the past year, the shares have traded as low as $22.33 and as high as $28.19. On average, 999510 shares of HTS exchange hands on a given day and today's volume is recorded at 768010.

Shares of 21Vianet Group, Inc (VNET) traded higher by 5.93% or $0.55/share to $9.83. In the past year, the shares have traded as low as $8.31 and as high as $22.33. On average, 303920 shares of VNET exchange hands on a given day and today's volume is recorded at 480207.

Shares of United States Natural Gas (UNG) fell by 1.69% or $-0.14/share to $7.86. In the past year, the shares have traded as low as $7.63 and as high as $12.95. On average, 9287060 shares of UNG exchange hands on a given day and today's volume is recorded at 6450122.