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A security pattern traces the distinct movements of security prices that, once recognized, help traders to make informed trading decisions. These patterns are identified by their vital geometrical elements, which are formed by changing security prices. Let's look at some Russell 2000 stock opportunities by analyzing these patterns.

Buy Signal for EMCOR Group, Inc (EME) (Wedge Falling)

The wedge falling pattern forms when the price of a security appears to be spiraling downward, and two down-­sloping lines are created with the price hitting lower lows (1, 3, 5) and lower highs (2, 4). The two pattern lines intersect to form a narrow triangle. Unlike descending triangle patterns, however, both lines need to have a distinct downward slope, with the top line having a steeper decline.

This pattern is commonly associated with directionless markets since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control. However, there is a distinct possibility that market participants will either pour in or sell out, and the price can move up or down with big volumes (leading up to the breakout).

Trade Idea:

• Buy near the breakout (entry) price – $115,54.
• Sell at the target (exit) price – $119,71.

Buy Signal for Ingles Markets (IMKTA)

Trade Idea:

• Buy IMKTA at the current market price if seen as appealing.
• Sell IMKTA after receiving the "sell" recommendation from trusted analyses.

Buy Signal for PJT Partners Inc. (PJT)

Trade Idea:

• Buy PJT at the current market price if seen as appealing.
• Sell PJT after receiving the "sell" recommendation from trusted analyses.

Buy Signal for Murphy USA (MUSA)

Trade Idea:

• Buy MUSA at the current market price if seen as appealing.
• Sell MUSA after receiving the "sell" recommendation from trusted analyses.