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Monday, May 28, 2012

Alert for Upward Wedge Forming: (NSH), (RFMD), (BBG), (NIHD), (PPL)

Downward wedge patterns have been noticed on May 28 for the stocks NuStar GP Holdings, LLC, RF Micro Devices Inc, Bill Barrett Corp, NII Holdings Inc, and PPL 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 NuStar GP Holdings, LLC (NSH) fell by 0.21% or $-0.07/share to $32.6. In the past year, the shares have traded as low as $26.69 and as high as $36.19. On average, 62770 shares of NSH exchange hands on a given day and today's volume is recorded at 46632.

Shares of RF Micro Devices Inc (RFMD) traded higher by 4.81% or $0.18/share to $3.92. In the past year, the shares have traded as low as $3.50 and as high as $7.89. On average, 3666140 shares of RFMD exchange hands on a given day and today's volume is recorded at 5951001.

Shares of Bill Barrett Corp (BBG) traded higher by 1.52% or $0.31/share to $20.65. In the past year, the shares have traded as low as $19.45 and as high as $52.13. On average, 1429610 shares of BBG exchange hands on a given day and today's volume is recorded at 1385201.

Shares of NII Holdings Inc (NIHD) traded higher by 1.83% or $0.20/share to $11.14. In the past year, the shares have traded as low as $10.33 and as high as $44.05. On average, 3982010 shares of NIHD exchange hands on a given day and today's volume is recorded at 3973085.

Shares of PPL Corporation (PPL) traded higher by 0.40% or $0.11/share to $27.52. In the past year, the shares have traded as low as $24.09 and as high as $29.53. On average, 4463620 shares of PPL exchange hands on a given day and today's volume is recorded at 14736050.