These stocks, Tejon Ranch Co, SodaStream International Ltd, Legg Mason Inc, Sprint Nextel Corp, and Vanguard Health Systems Inc, have been showing multiple bottom patterns on March 24. Multiple tops are a reverse chart pattern where a stock is in a downard trend and hits a resistance level several times. After hitting resistance levels, the stock reverses and continues on a upward trend. As the stock is in a downtrend and hits the resistance level, the stock heads back up forming a reverse swing top. As the upward trend loses steam, the stock heads back down again to the resistance level. This forms a bottom and when this happens more than 2 or 3 times its called a multiple bottom. Investors should pay attention to the resistance levels and should maybe consider buying at these levels.
Shares of Tejon Ranch Co (TRC) traded higher by 0.07% or $0.02/share to $29.77. In the past year, the shares have traded as low as $22.80 and as high as $37.70. On average, 77920 shares of TRC exchange hands on a given day and today's volume is recorded at 43832.
Shares of SodaStream International Ltd (SODA) traded higher by 0.03% or $0.01/share to $34.52. In the past year, the shares have traded as low as $27.60 and as high as $79.72. On average, 1504940 shares of SODA exchange hands on a given day and today's volume is recorded at 944379.
Shares of Legg Mason Inc (LM) traded higher by 0.92% or $0.26/share to $28.63. In the past year, the shares have traded as low as $22.47 and as high as $37.37. On average, 1804570 shares of LM exchange hands on a given day and today's volume is recorded at 902408.
Shares of Sprint Nextel Corp (S) remained unchanged at $2.74. In the past year, the shares have traded as low as $2.10 and as high as $6.45. On average, 44613140 shares of S exchange hands on a given day and today's volume is recorded at 26885512.
Shares of Vanguard Health Systems Inc (VHS) traded higher by 2.20% or $0.22/share to $10.22. In the past year, the shares have traded as low as $8.60 and as high as $18.58. On average, 187110 shares of VHS exchange hands on a given day and today's volume is recorded at 59200.
