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Sunday, June 3, 2012

Alert for Upward Wedge Forming: (NUAN), (EPIQ), (TR), (HL), (FTE)

Downward wedge patterns have been noticed on June 3 for the stocks Nuance Communications, Inc, EPIQ Systems, Inc, Tootsie Roll Industries Inc, Hecla Mining Co, and France Telecom. 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 Nuance Communications, Inc (NUAN) fell by 3.38% or $-0.70/share to $19.99. In the past year, the shares have traded as low as $15.56 and as high as $31.15. On average, 4299130 shares of NUAN exchange hands on a given day and today's volume is recorded at 4129661.

Shares of EPIQ Systems, Inc (EPIQ) fell by 1.18% or $-0.13/share to $10.9. In the past year, the shares have traded as low as $10.30 and as high as $15.08. On average, 119480 shares of EPIQ exchange hands on a given day and today's volume is recorded at 90038.

Shares of Tootsie Roll Industries Inc (TR) fell by 1.74% or $-0.39/share to $21.96. In the past year, the shares have traded as low as $21.63 and as high as $29.62. On average, 123110 shares of TR exchange hands on a given day and today's volume is recorded at 104266.

Shares of Hecla Mining Co (HL) traded higher by 3.29% or $0.14/share to $4.39. In the past year, the shares have traded as low as $3.68 and as high as $8.56. On average, 5450290 shares of HL exchange hands on a given day and today's volume is recorded at 6292204.

Shares of France Telecom (FTE) fell by 0.24% or $-0.03/share to $12.6. In the past year, the shares have traded as low as $12.46 and as high as $20.55. On average, 1902210 shares of FTE exchange hands on a given day and today's volume is recorded at 2485277.