These Stocks are Forming a Falling Wedge (Bullish) on Mar-8

A downward wedge has formed in the following stocks.This is a bullish pattern found when the price moves lower but the trading range narrows.

EXCO Resources Inc. (NYSE:XCO) is currently trading at $6.97 up 4.19% in today’s trading. XCO is trading -13.78% below its 50 day moving average and -43.80% below its 200 day moving average. XCO is -66.57% below its 52-week high and 6.41% above its 52-week low. XCO’s PE ratio is 74.33 and their market cap is $1.45B.

EXCO Resources, Inc. is an independent oil and natural gas company, which is engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties.

Aurizon Mines Ltd. (NYSE:AZK) is currently trading at $4.95 up 0.61% in today’s trading. AZK is trading -5.56% below its 50 day moving average and -12.90% below its 200 day moving average. AZK is -34.00% below its 52-week high and 9.27% above its 52-week low. AZK’s PE ratio is 27.33 and their market cap is $802.60M.

The Company is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec.

Alon Holdings Blue Square – Israel Ltd (NYSE:BSI) is currently trading at $3.32 up 0.61% in today’s trading. BSI’s RSI is currently at 21.06 which indicates that the stock is oversold. BSI is trading -16.49% below its 50 day moving average and -41.25% below its 200 day moving average. BSI is -67.16% below its 52-week high and 14.09% above its 52-week low. BSI’s PE ratio is 6.60 and their market cap is $217.63M.

Alon Holdings Blue Square – Israel Ltd operates as a food retailer in Israel. It operates in the ‘Non-Food’ sector, selling ‘Non-Food’ items both in its supermarkets and in stand alone retail outlets. It operates in the commercial real estate sector.

Jiayuan.com International Ltd. (NASDAQ:DATE) is currently trading at $5.89 up 0.51% in today’s trading. DATE is trading -13.36% below its 50 day moving average and -38.71% below its 200 day moving average. DATE is -63.46% below its 52-week high and 9.89% above its 52-week low. DATE’s PE ratio is 195.33 and their market cap is $185.06M.

Jiayuan.com International Ltd operates online dating platform in China. Its committed to addressing the dating and marriage needs of China’s rapidly growing urban singles population by providing a trusted, effective platform & a superior user experience.

Eastern American Natural Gas Trust (NYSE:NGT) is currently trading at $22.55 down -0.53% in today’s trading. NGT is trading -1.29% below its 50 day moving average and -0.96% below its 200 day moving average. NGT is -4.37% below its 52-week high and 2.83% above its 52-week low. NGT’s PE ratio is 24.64 and their market cap is $133.75M.

Eastern American Natural Gas Trust is acquires and holds net profits interests created from the working interests owned by Eastern American in 650 producing gas wells and 65 proved development well locations located in West Virginia and Pennsylvania.

Essa Bancorp Inc. (NASDAQ:ESSA) is currently trading at $9.51 down -0.42% in today’s trading. ESSA is trading -6.48% below its 50 day moving average and -12.81% below its 200 day moving average. ESSA is -28.53% below its 52-week high and 1.82% above its 52-week low. ESSA’s PE ratio is 20.76 and their market cap is $115.65M.

ESSA Bancorp Inc is a bank holding company, which through its subsidiary, ESSA Bank & Trust, provides financial services to individuals, families and businesses.

Learning Tree International Inc. (NASDAQ:LTRE) is currently trading at $5.80 up 0.00% in today’s trading. LTRE is trading -6.25% below its 50 day moving average and -24.16% below its 200 day moving average. LTRE is -45.13% below its 52-week high and 21.85% above its 52-week low. LTRE’s PE ratio is 25.22 and their market cap is $78.36M.

Learning Tree International, Inc. is a worldwide vendor-independent provider to business and government organizations for the training and education of their managers and information technology professionals.

UQM Technologies Inc. (NYSE:UQM) is currently trading at $1.58 up 1.94% in today’s trading. UQM is trading -3.00% below its 50 day moving average and -15.02% below its 200 day moving average. UQM is -53.25% below its 52-week high and 23.44% above its 52-week low.

UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets.

Neuralstem Inc. (NYSE:CUR) is currently trading at $1.16 up 0.86% in today’s trading. CUR is trading 7.32% above its 50 day moving average and -5.25% below its 200 day moving average. CUR is -45.29% below its 52-week high and 34.87% above its 52-week low.

Neuralstem Inc is an biotechnology company, which is engaged on developing and commercializing human neural stem cell technology in the emerging field of regenerative medicine.

Equus Total Return Inc. (NYSE:EQS) is currently trading at $2.00 down -0.50% in today’s trading. EQS is trading -3.97% below its 50 day moving average and -10.08% below its 200 day moving average. EQS is -33.11% below its 52-week high and 11.73% above its 52-week low. EQS’s PE ratio is 5.58 and their market cap is $21.23M.

Equus Total Return, Inc. is a business development company providing financing solutions for privately-held middle market and small capitalization companies.

Educational Development Corp. (NASDAQ:EDUC) is currently trading at $4.95 up 0.00% in today’s trading. EDUC is trading 0.45% above its 50 day moving average and -3.24% below its 200 day moving average. EDUC is -21.64% below its 52-week high and 33.35% above its 52-week low. EDUC’s PE ratio is 16.50 and their market cap is $19.35M.

Educational Development Corporation is the United States trade publisher of the line of educational children’s books produced in the United Kingdom by Usborne Publishing Limited.

Wireless Ronin Technologies Inc. (NASDAQ:RNIN) is currently trading at $0.90 up 1.12% in today’s trading. RNIN is trading -11.07% below its 50 day moving average and -23.52% below its 200 day moving average. RNIN is -42.31% below its 52-week high and 18.42% above its 52-week low.

Wireless Ronin Technologies, Inc. provides dynamic digital signage solutions targeting specific retail and service market.

WSI Industries Inc. (NASDAQ:WSCI) is currently trading at $5.13 up 0.59% in today’s trading. WSCI is trading 0.41% above its 50 day moving average and -6.50% below its 200 day moving average. WSCI is -30.10% below its 52-week high and 21.50% above its 52-week low. WSCI’s PE ratio is 15.45 and their market cap is $14.79M.

WSI Industries, Inc. is involved in the precision contract metal machining business mainly serving the recreational vehicle, energy, aerospace/avionics and bioscience industries.

Bionovo Inc. (OTC:BNVI) is currently trading at $0.09 up 0.00% in today’s trading. BNVI is trading -43.32% below its 50 day moving average and -81.92% below its 200 day moving average. BNVI is -91.26% below its 52-week high and 28.57% above its 52-week low.

Bionovo, Inc. is a clinical stage drug discovery and development company focusing on women’s health and cancer.

Marina Biotech Inc. (OTC:MRNA) is currently trading at $0.50 up 0.00% in today’s trading. MRNA is trading -27.97% below its 50 day moving average and -69.81% below its 200 day moving average. MRNA is -93.83% below its 52-week high and 25.00% above its 52-week low.

Marina Biotech Inc.is a biotechnology company, which focuses on the discovery, development and commercialization of pharmaceuticals based on RNA interference.

Alex Fredricks

Alex Fredricks

Alex Fredricks has a degree in business and is an avid day-trader. Alex's experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.