These stocks, Interface Inc, Crocs, Inc, Crosstex Energy LP, Avista Corp, and The Mosaic Company, have been showing ascending triangle patterns on April 29. This pattern is a bullish formation that usually forms at the time of a upswing as a continuation pattern. Key characteristics that investors can look out for are trend patterns, duration and volume. In order for the pattern to be a continuation, an established pattern should exist. Since the pattern is bullish, the length and duration do not matter. What is important is the robustness of the formation. As mentioned, duration is not that important, but the average pattern lasts 1 to 2 month. As the pattern develops volume contracts and once the stock hits a break point, volume usually expands. The expansion confirms the breakout. This stock has been on a upswing, thus allowing investors to identify a resistance point. Investors may wan to consider going bearish on a breakpoint above the resistance point.
Shares of Interface Inc (IFSIA) traded higher by 4.12% or $0.57/share to $14.42. In the past year, the shares have traded as low as $9.73 and as high as $20.38. On average, 451270 shares of IFSIA exchange hands on a given day and today's volume is recorded at 705189.
Shares of Crocs, Inc (CROX) fell by 1.63% or $-0.33/share to $19.93. In the past year, the shares have traded as low as $14.20 and as high as $32.47. On average, 2181080 shares of CROX exchange hands on a given day and today's volume is recorded at 1982499.
Shares of Crosstex Energy LP (XTEX) fell by 1.40% or $-0.25/share to $17.55. In the past year, the shares have traded as low as $12.74 and as high as $18.90. On average, 169370 shares of XTEX exchange hands on a given day and today's volume is recorded at 250117.
Shares of Avista Corp (AVA) traded higher by 0.30% or $0.08/share to $26.45. In the past year, the shares have traded as low as $20.41 and as high as $26.38. On average, 292250 shares of AVA exchange hands on a given day and today's volume is recorded at 279241.
Shares of The Mosaic Company (MOS) traded higher by 0.68% or $0.36/share to $53.0. In the past year, the shares have traded as low as $44.78 and as high as $76.45. On average, 4610050 shares of MOS exchange hands on a given day and today's volume is recorded at 3253553.
