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Thursday, March 22, 2012

Alert for Upward Wedge Forming: (ATNI), (PTNR)

Downward wedge patterns have been noticed on March 22 for the stocks Atlantic Tele-Network, Inc, and Partner Communications Company 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 Atlantic Tele-Network, Inc (ATNI) fell by 3.32% or $-1.28/share to $37.33. In the past year, the shares have traded as low as $27.55 and as high as $42.52. On average, 24230 shares of ATNI exchange hands on a given day and today's volume is recorded at 35582.

Shares of Partner Communications Company Ltd (PTNR) fell by 1.77% or $-0.14/share to $7.79. In the past year, the shares have traded as low as $7.02 and as high as $18.51. On average, 278530 shares of PTNR exchange hands on a given day and today's volume is recorded at 133374.