Rising Wedge
Conversely, a rising wedge is a bearish pattern that signals that the security is likely to head in a downward direction. The trendlines of this pattern converge, with both trendlines slanted in an upward direction.
Falling Wedge
The falling wedge is a generally bullish pattern signaling that one will likely see the price break upwards through the wedge and move into an uptrend. The trendlines of this pattern converge, with both being slanted in a downward direction as the price is trading in a downtrend.
Conversely, a rising wedge is a bearish pattern that signals that the security is likely to head in a downward direction. The trendlines of this pattern converge, with both trendlines slanted in an upward direction.
Falling Wedge
The falling wedge is a generally bullish pattern signaling that one will likely see the price break upwards through the wedge and move into an uptrend. The trendlines of this pattern converge, with both being slanted in a downward direction as the price is trading in a downtrend.
Take a look other Today's Big Movers of the day Right here.You can also check previous stocks to buy reports- Right Here
Below these are the Bullish Wedge Pattern stocks on December 5, 2011
Ticker Company TSTF TeamStaff, Inc.
SWS SWS Group, Inc.
AUXL Auxilium Pharmaceuticals Inc.
CMLS Cumulus Media Inc.
STAG STAG Industrial, Inc.
CCI Crown Castle International Corp.
JAKK JAKKS Pacific, Inc.
LRY Liberty Property Trust
PKG Packaging Corp. of America
EQY Equity One Inc.
BCRX BioCryst Pharmaceuticals, Inc.
CHT Chunghwa Telecom Co. Ltd.
T AT&T, Inc.
CNK Cinemark Holdings Inc.
AVEO AVEO Pharmaceuticals, Inc.
DGP PowerShares DB Gold Double Long ETN
GLD SPDR Gold Shares
SGOL ETFS Physical Swiss Gold Shares
IAU iShares Gold Trust
VGR Vector Group Ltd.
WWW Wolverine World Wide Inc.
MSFT Microsoft Corporation
VIT VanceInfo Technologies Inc.
ELN Elan Corporation, plc
O Realty Income Corp.
ABV Companhia de Bebidas Das Americas (AMBEV)
MRVL Marvell Technology Group Ltd.
MJN Mead Johnson Nutrition Company
UNH Unitedhealth Group, Inc.
FMX Fomento Econ
SHPGY Shire plc
VGZ Vista Gold Corp.
SNN Smith & Nephew plc
UL Unilever plc
KUB Kubota Corporation
CAS AM Castle & Co.
WABC Westamerica Bancorp.
