AlertWire
Recognia Inc. scans the stock markets daily to identify classic patterns and other technical events, providing investors with objective and actionable investment research to improve their trading decisions.
Updated: 6 min 23 sec ago
AK Steel Holding Corp forms bullish "Head and Shoulders Bottom" chart pattern
A "Head and Shoulders Bottom" chart pattern formed on AK Steel Holding Corp (AKS on NYSE). This bullish signal indicates that the stock price may rise from $3.48 (May 3 close price) to the range of $3.85 - $4.00. The pattern formed over 26 days which is roughly the period of time in which the target price range may be achieved.
America Movil ADR Rep 20 Ord Shs Series L forms bullish "Head and Shoulders Bottom" chart pattern
A "Head and Shoulders Bottom" chart pattern formed on America Movil ADR Rep 20 Ord Shs Series L (AMX on NYSE). This bullish signal indicates that the stock price may rise from $21.85 (May 3 close price) to the range of $24.80 - $25.40. The pattern formed over 50 days which is roughly the period of time in which the target price range may be achieved.
First Solar Inc forms bearish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bearish)" chart pattern formed on First Solar Inc (FSLR on NASDAQ). This bearish signal indicates that the stock price may fall from $46.00 (May 3 close price) to the range of $23.00 - $27.00. The pattern formed over 20 days which is roughly the period of time in which the target price range may be achieved.
LSI Corp forms bullish "Double Bottom" chart pattern
A "Double Bottom" chart pattern formed on LSI Corp (LSI on NASDAQ). This bullish signal indicates that the stock price may rise from $6.72 (May 3 close price) to the range of $7.15 - $7.25. The pattern formed over 23 days which is roughly the period of time in which the target price range may be achieved.
Micron Technology Inc forms bullish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bullish)" chart pattern formed on Micron Technology Inc (MU on NASDAQ). This bullish signal indicates that the stock price may rise from $9.63 (May 3 close price) to the range of $10.60 - $10.80. The pattern formed over 17 days which is roughly the period of time in which the target price range may be achieved.
ProShares UltraShort DJ-UBS Crude Oil forms bearish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on ProShares UltraShort DJ-UBS Crude Oil (SCO on NYSE). This bearish signal indicates that the stock price may fall from $37.37 (May 3 close price) to the range of $28.00 - $29.75. The pattern formed over 23 days which is roughly the period of time in which the target price range may be achieved.
Sangamo BioSciences Inc forms bearish "Double Top" chart pattern
A "Double Top" chart pattern formed on Sangamo BioSciences Inc (SGMO on NASDAQ). This bearish signal indicates that the stock price may fall from $8.61 (May 3 close price) to the range of $6.10 - $6.60. The pattern formed over 47 days which is roughly the period of time in which the target price range may be achieved.
Select Sector Financial Select Sector SPDR ETF forms bullish "Ascending Continuation Triangle" chart pattern
An "Ascending Continuation Triangle" chart pattern formed on Select Sector Financial Select Sector SPDR ETF (XLF on NYSE). This bullish signal indicates that the stock price may rise from $18.85 (May 3 close price) to the range of $19.75 - $19.95. The pattern formed over 16 days which is roughly the period of time in which the target price range may be achieved.
Spreadtrum Communications ADR Reptg 3 Ord Shs forms bearish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Spreadtrum Communications ADR Reptg 3 Ord Shs (SPRD on NASDAQ). This bearish signal indicates that the stock price may fall from $20.61 (May 3 close price) to the range of $13.75 - $15.00. The pattern formed over 48 days which is roughly the period of time in which the target price range may be achieved.
Tw telecom inc forms bearish "Top Triangle" chart pattern
A "Top Triangle" chart pattern formed on Tw telecom inc (TWTC on NASDAQ). This bearish signal indicates that the stock price may fall from $26.48 (May 3 close price) to the range of $22.40 - $23.20. The pattern formed over 63 days which is roughly the period of time in which the target price range may be achieved.
Alcatel Lucent ADR Reptg 1 Ord Shs forms bearish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Alcatel Lucent ADR Reptg 1 Ord Shs (ALU on NYSE). This bearish signal indicates that the stock price may fall from $1.33 (May 2 close price) to the range of $1.08 - $1.12. The pattern formed over 21 days which is roughly the period of time in which the target price range may be achieved.
Beazer Homes USA Inc forms bullish "Head and Shoulders Bottom" chart pattern
A "Head and Shoulders Bottom" chart pattern formed on Beazer Homes USA Inc (BZH on NYSE). This bullish signal indicates that the stock price may rise from $18.52 (May 2 close price) to the range of $19.10 - $19.60. The pattern formed over 22 days which is roughly the period of time in which the target price range may be achieved.
Con-way Inc forms bearish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Con-way Inc (CNW on NYSE). This bearish signal indicates that the stock price may fall from $32.25 (May 2 close price) to the range of $29.10 - $29.80. The pattern formed over 19 days which is roughly the period of time in which the target price range may be achieved.
International Paper Co forms bearish "Triple Top" chart pattern
A "Triple Top" chart pattern formed on International Paper Co (IP on NYSE). This bearish signal indicates that the stock price may fall from $44.27 (May 2 close price) to the range of $39.90 - $40.80. The pattern formed over 28 days which is roughly the period of time in which the target price range may be achieved.
Mannkind Corp forms bullish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on Mannkind Corp (MNKD on NASDAQ). This bullish signal indicates that the stock price may rise from $4.02 (May 2 close price) to the range of $4.70 - $4.85. The pattern formed over 15 days which is roughly the period of time in which the target price range may be achieved.
Memorial Production Partners Common Units forms bearish "Diamond Top" chart pattern
A "Diamond Top" chart pattern formed on Memorial Production Partners Common Units (MEMP on NASDAQ). This bearish signal indicates that the stock price may fall from $18.33 (May 2 close price) to the range of $16.40 - $16.80. The pattern formed over 39 days which is roughly the period of time in which the target price range may be achieved.
Nabors Industries Ltd forms bullish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bullish)" chart pattern formed on Nabors Industries Ltd (NBR on NYSE). This bullish signal indicates that the stock price may rise from $14.87 (May 2 close price) to the range of $17.10 - $17.60. The pattern formed over 15 days which is roughly the period of time in which the target price range may be achieved.
PulteGroup Inc forms bullish "Upside Breakout" chart pattern
An "Upside Breakout" chart pattern formed on PulteGroup Inc (PHM on NYSE). This bullish signal indicates that the stock price may rise from $21.93 (May 2 close price) to the range of $25.40 - $26.30. The pattern formed over 68 days which is roughly the period of time in which the target price range may be achieved.
Seagate Technology PLC forms bullish "Ascending Continuation Triangle" chart pattern
An "Ascending Continuation Triangle" chart pattern formed on Seagate Technology PLC (STX on NASDAQ). This bullish signal indicates that the stock price may rise from $39.63 (May 2 close price) to the range of $42.00 - $43.00. The pattern formed over 16 days which is roughly the period of time in which the target price range may be achieved.
The Boston Beer Company Inc forms bearish "Megaphone Top" chart pattern
A "Megaphone Top" chart pattern formed on The Boston Beer Company Inc (SAM on NYSE). This bearish signal indicates that the stock price may fall from $146.72 (May 2 close price) to the range of $130.00 - $134.00. The pattern formed over 42 days which is roughly the period of time in which the target price range may be achieved.





