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Three Stocks Set To Breakout To The Upside
Wednesday, January 11, 2006

Click Commerce Inc (CKCM on NASDAQ)
Industry: Computer Hardware and Software

 
Event Details for: Symmetrical Continuation Triangle (Bullish)
A Symmetrical Continuation Triangle (Bullish) is considered a bullish signal, indicating that the current uptrend may continue. The formation occurs because prices are reaching both lower highs and higher lows. The technical event occurs when the price breaks out of the triangle formation to close above the upper (descending) trendline, thereby confirming the pattern. More...
Event Date: Jan 11, 2006
Opportunity Type: Intermediate-Term Bullish
Close Price: $25.71
Target Price Range: $31.00 - $32.25
Price Period: Daily
Volume: 559,300
Pattern Duration: 32 days
Inbound Trend Duration: 33 days

chart patterns

Biomet Inc (BMET on NASDAQ)
Industry: Manufacturing
 
Event Details for: Bottom Triangle
A Bottom Triangle/Wedge is considered a bullish signal, marking a possible reversal of the current downtrend. The pattern is formed during a downtrend and shows two trendlines converging. The technical event occurs when the price breaks upward out of the Triangle/Wedge formation and closes above the upper trendline, thereby confirming the pattern. More...
Event Date: Jan 11, 2006
Opportunity Type: Intermediate-Term Bullish
Close Price: $37.18
Target Price Range: $42.50 - $43.75
Price Period: Daily
Volume: 3,143,600
Pattern Duration: 60 days
Inbound Trend Duration: 229 days

chart patterns

Technical Analysis Chart
       
 

Emulex Cp (ELX on New York)
Industry: Manufacturing
 
Event Details for: Symmetrical Continuation Triangle (Bullish)
A Symmetrical Continuation Triangle (Bullish) is considered a bullish signal, indicating that the current uptrend may continue. The formation occurs because prices are reaching both lower highs and higher lows. The technical event occurs when the price breaks out of the triangle formation to close above the upper (descending) trendline, thereby confirming the pattern. More...
Event Date: Jan 09, 2006
Opportunity Type: Intermediate-Term Bullish
Close Price: $21.08
Target Price Range: $25.75 - $26.75
Price Period: Daily
Volume: 1,823,000
Pattern Duration: 88 days
Inbound Trend Duration: 227 days

chart patterns

chart patterns