Property and infrastructure asset manager Brookfield Asset Management ( BAM) is another name that's showing a bullish setup on a longer-term time horizon right now. Shares of Brookfield have been forming a bullish ascending triangle setup since the start of 2011; now, traders should be looking out for this stock's "buy" signal. Simply put, an ascending triangle is a setup that's spotted with a horizontal resistance level on the upside with uptrending support below. As those two technically relevant levels get closer together, buyers are absorbing supply of shares at resistance -- once that oversupply gets absorbed, the potential for a breakout occurs. In the case of Brookfield, a breakout above $34 is the buying signal that you should be watching for. When it happens, consider a protective stop just below the 200-day moving average. Brookfield Asset Management shows up in the portfolio of Bruce Berkowitz's Fairholme Capital Management and is one of the top holdings of Murray Stahl's Horizon Asset Management.