These stocks, Polycom, Inc, Mountain Province Diamonds Inc, Quad/Graphics, Inc, Krispy Kreme Doughnuts, Inc, and Infinity Pharmaceuticals, Inc, have been showing multiple bottom patterns on March 25. 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 Polycom, Inc (PLCM) traded higher by 0.78% or $0.15/share to $19.39. In the past year, the shares have traded as low as $14.45 and as high as $34.30. On average, 2582200 shares of PLCM exchange hands on a given day and today's volume is recorded at 1626829.
Shares of Mountain Province Diamonds Inc (MDM) traded higher by 1.34% or $0.06/share to $4.91. In the past year, the shares have traded as low as $3.48 and as high as $6.61. On average, 15970 shares of MDM exchange hands on a given day and today's volume is recorded at 12440.
Shares of Quad/Graphics, Inc (QUAD) traded higher by 1.50% or $0.21/share to $14.25. In the past year, the shares have traded as low as $11.03 and as high as $41.30. On average, 293850 shares of QUAD exchange hands on a given day and today's volume is recorded at 111676.
Shares of Krispy Kreme Doughnuts, Inc (KKD) traded higher by 0.28% or $0.02/share to $7.18. In the past year, the shares have traded as low as $5.10 and as high as $10.08. On average, 583040 shares of KKD exchange hands on a given day and today's volume is recorded at 1092169.
Shares of Infinity Pharmaceuticals, Inc (INFI) traded higher by 7.23% or $0.81/share to $12.02. In the past year, the shares have traded as low as $5.39 and as high as $11.27. On average, 156710 shares of INFI exchange hands on a given day and today's volume is recorded at 343398.
