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 6, 2011
Ticker Company NATH Nathan's Famous Inc.
SHPGY Shire plc
CNK Cinemark Holdings Inc.
SWS SWS Group, Inc.
MRVL Marvell Technology Group Ltd.
VIT VanceInfo Technologies Inc.
DZZ PowerShares DB Gold Double Short ETN
UL Unilever plc
JNJ Johnson & Johnson
DGZ PowerShares DB Gold Short ETN
UNH Unitedhealth Group, Inc.
ELN Elan Corporation, plc
GG Goldcorp Inc.
ABV Companhia de Bebidas Das Americas (AMBEV)
DBV PowerShares DB G10 Currency Harvest
MSFT Microsoft Corporation
CCI Crown Castle International Corp.
T AT&T, Inc.
PZG Paramount Gold and Silver Corp.
EQY Equity One Inc.
MJN Mead Johnson Nutrition Company
WABC Westamerica Bancorp.
PPG PPG Industries Inc.
FMX Fomento Econ
IAU iShares Gold Trust
GLD SPDR Gold Shares
DGL PowerShares DB Gold
O Realty Income Corp.
GTE Gran Tierra Energy, Inc.
LRY Liberty Property Trust
DGP PowerShares DB Gold Double Long ETN
STJ St. Jude Medical Inc.
UGL ProShares Ultra Gold
AVEO AVEO Pharmaceuticals, Inc.
PKG Packaging Corp. of America
LYV Live Nation Entertainment, Inc.
SGU Star Gas Partners, L.P.
AUXL Auxilium Pharmaceuticals Inc.
BGC General Cable Corp.
MHP The McGraw-Hill Companies, Inc.
BWLD Buffalo Wild Wings Inc.
VGZ Vista Gold Corp.
TSPT Transcept Pharmaceuticals, Inc.
