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Sunday, December 4, 2011

Bullish Wedge Pattern Detected: (HTS), (EZPW), (SLH), (ANH), (BSX)

Downward wedge patterns have been noticed on December 4 for the stocks Hatteras Financial Corp, EZCORP, Inc, Solera Holdings Inc, Anworth Mortgage Asset Corporation, and Boston Scientific Corporation. 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 Hatteras Financial Corp (HTS) fell by 0.04% or $-0.01/share to $26.61. In the past year, the shares have traded as low as $22.33 and as high as $28.19. On average, 979710 shares of HTS exchange hands on a given day and today's volume is recorded at 629167.

Shares of EZCORP, Inc (EZPW) fell by 2.12% or $-0.62/share to $28.59. In the past year, the shares have traded as low as $25.30 and as high as $38.66. On average, 528130 shares of EZPW exchange hands on a given day and today's volume is recorded at 288653.

Shares of Solera Holdings Inc (SLH) fell by 0.76% or $-0.36/share to $46.9. In the past year, the shares have traded as low as $45.63 and as high as $62.11. On average, 417960 shares of SLH exchange hands on a given day and today's volume is recorded at 550561.

Shares of Anworth Mortgage Asset Corporation (ANH) traded higher by 0.80% or $0.05/share to $6.3. In the past year, the shares have traded as low as $5.45 and as high as $7.30. On average, 1851450 shares of ANH exchange hands on a given day and today's volume is recorded at 1522603.

Shares of Boston Scientific Corporation (BSX) fell by 6.78% or $-0.40/share to $5.5. In the past year, the shares have traded as low as $5.26 and as high as $7.96. On average, 20433020 shares of BSX exchange hands on a given day and today's volume is recorded at 47168448.