Downward wedge patterns have been noticed on November 16 for the stocks US Gold Corporation, Powell Industries, Inc, Research In Motion Limited, Hatteras Financial Corp, and Golden Star Resources, Ltd. 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 US Gold Corporation (UXG) remained unchanged at $4.86. In the past year, the shares have traded as low as $3.23 and as high as $9.87. On average, 2543220 shares of UXG exchange hands on a given day and today's volume is recorded at 1397087.
Shares of Powell Industries, Inc (POWL) traded higher by 0.48% or $0.15/share to $31.22. In the past year, the shares have traded as low as $25.76 and as high as $41.64. On average, 44880 shares of POWL exchange hands on a given day and today's volume is recorded at 10716.
Shares of Research In Motion Limited (RIMM) traded higher by 2.38% or $0.46/share to $19.58. In the past year, the shares have traded as low as $17.16 and as high as $70.53. On average, 24067910 shares of RIMM exchange hands on a given day and today's volume is recorded at 19976484.
Shares of Hatteras Financial Corp (HTS) traded higher by 2.22% or $0.57/share to $26.27. In the past year, the shares have traded as low as $22.33 and as high as $28.19. On average, 1088000 shares of HTS exchange hands on a given day and today's volume is recorded at 583168.
Shares of Golden Star Resources, Ltd (GSS) fell by 0.47% or $-0.01/share to $2.1. In the past year, the shares have traded as low as $1.55 and as high as $4.86. On average, 3723630 shares of GSS exchange hands on a given day and today's volume is recorded at 2212947.
