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Monday, March 26, 2012

Bullish Wedge Pattern Detected: (PTNR), (AZK), (KGC)

Downward wedge patterns have been noticed on March 26 for the stocks Partner Communications Company Ltd, Aurizon Mines Ltd, and Kinross Gold 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 Partner Communications Company Ltd (PTNR) traded higher by 0.39% or $0.03/share to $7.78. In the past year, the shares have traded as low as $7.02 and as high as $18.51. On average, 274020 shares of PTNR exchange hands on a given day and today's volume is recorded at 147520.

Shares of Aurizon Mines Ltd (AZK) traded higher by 3.97% or $0.19/share to $4.98. In the past year, the shares have traded as low as $4.37 and as high as $7.50. On average, 610430 shares of AZK exchange hands on a given day and today's volume is recorded at 453516.

Shares of Kinross Gold Corporation (KGC) traded higher by 1.89% or $0.19/share to $10.22. In the past year, the shares have traded as low as $9.63 and as high as $18.05. On average, 9318670 shares of KGC exchange hands on a given day and today's volume is recorded at 8048006.