Rising Wedge
Conversely, a rising wedge is a bearish pattern that signals that the security is likely to head in a downward direction. The trend lines of this pattern converge, with both trend lines 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 trend lines 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 trend lines of this pattern converge, with both trend lines 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 trend lines 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 May 3, 2012.
Ticker Company VHC VirnetX Holding Corp
AAWW Atlas Air Worldwide Holdings Inc.
OWW Orbitz Worldwide, Inc.
CAH Cardinal Health, Inc.
RAND Rand Capital Corporation
QGEN Qiagen NV
ATEC Alphatec Holdings, Inc.
TI Telecom Italia SpA
AB AllianceBernstein Holding L.P.
BDX Becton, Dickinson and Company
UUP PowerShares DB US Dollar Index Bullish
WSH Willis Group Holdings Public Limited Company
RDK Ruddick Corp.
AGII Argo Group International Holdings, Ltd.
G Genpact Ltd.
MATW Matthews International Corporation
ED Consolidated Edison Inc.
PWER Power-One Inc.
UNS UniSource Energy Corporation
PNK Pinnacle Entertainment Inc.
IRM Iron Mountain Inc.
VNDA Vanda Pharmaceuticals, Inc.
RRC Range Resources Corporation
ATMI ATMI Inc.
GSOL Global Sources Ltd.
BIN Progressive Waste Solutions Ltd.
MOS The Mosaic Company
AEC Associated Estates Realty Corp.
DLPH Delphi Automotive PLC
BLTI Biolase Technology, Inc.
IRF International Rectifier Corporation
QEP QEP Resources, Inc.
BRS Bristow Group, Inc.
YHOO Yahoo! Inc.
GLW Corning Inc.
FIO Fusion-io, Inc.
BHP BHP Billiton Ltd.
ACO Amcol International Corp.
OPEN OpenTable, Inc.
SSD Simpson Manufacturing Co., Inc.
JNPR Juniper Networks, Inc.
CODE Spansion Inc.
BVN Compania de Minas Buenaventura SA
SIGA SIGA Technologies, Inc.
TLM Talisman Energy Inc.
STAA STAAR Surgical Company
SLTM Solta Medical, Inc.
PANL Universal Display Corp.
DRWI DragonWave Inc.
