These stocks, ZAGG Inc, SK Telecom Co. Ltd, Frontier Communications Corporation, Paramount Gold and Silver Corp, and Agnico-Eagle Mines Ltd, have been showing downward channel patterns on March 25. This pattern is short-term bearish as the stock falls within the descending channel, but these patterns form long uptrends as a continuation pattern. The stock displays an downward tilt and is controlled by two parallel lines. The higher line connects two consecutive lower highs. The lower line connects two or more consecutive lower lows. As the price hits the lower line, it bounces up to the higher line which acts as a resistance line. Investors may want to watch out for a breakpoint as the stock will most likely hit a long-term up trend.
Shares of ZAGG Inc (ZAGG) traded higher by 1.88% or $0.20/share to $10.83. In the past year, the shares have traded as low as $6.30 and as high as $17.10. On average, 1267780 shares of ZAGG exchange hands on a given day and today's volume is recorded at 863625.
Shares of SK Telecom Co. Ltd (SKM) fell by 1.14% or $-0.16/share to $13.9. In the past year, the shares have traded as low as $12.89 and as high as $20.29. On average, 1496940 shares of SKM exchange hands on a given day and today's volume is recorded at 2574777.
Shares of Frontier Communications Corporation (FTR) fell by 1.87% or $-0.08/share to $4.19. In the past year, the shares have traded as low as $3.72 and as high as $8.07. On average, 20280520 shares of FTR exchange hands on a given day and today's volume is recorded at 13989458.
Shares of Paramount Gold and Silver Corp (PZG) traded higher by 5.22% or $0.12/share to $2.42. In the past year, the shares have traded as low as $2.00 and as high as $4.17. On average, 969990 shares of PZG exchange hands on a given day and today's volume is recorded at 1230060.
Shares of Agnico-Eagle Mines Ltd (AEM) traded higher by 2.47% or $0.81/share to $33.61. In the past year, the shares have traded as low as $31.25 and as high as $72.40. On average, 2198920 shares of AEM exchange hands on a given day and today's volume is recorded at 1300190.
