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 14, 2012.
Ticker Company MAXY Maxygen, Inc.
FIO Fusion-io, Inc.
OPEN OpenTable, Inc.
YHOO Yahoo! Inc.
CAH Cardinal Health, Inc.
ABC AmerisourceBergen Corporation
GLW Corning Inc.
GOOG Google Inc.
ISIL Intersil Corporation
UAL United Continental Holdings, Inc.
SGEN Seattle Genetics Inc.
CVC Cablevision Systems Corporation
MOS The Mosaic Company
BHP BHP Billiton Ltd.
CEDC Central European Distribution Corp.
QEP QEP Resources, Inc.
PNK Pinnacle Entertainment Inc.
TLM Talisman Energy Inc.
TX Ternium S.A.
OSG Overseas Shipholding Group Inc.
