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 15, 2012.
Ticker Company AMAP AutoNavi Holdings Limited
FBN Furniture Brands International Inc.
CEDC Central European Distribution Corp.
SGEN Seattle Genetics Inc.
PNK Pinnacle Entertainment Inc.
AAON AAON Inc.
GOOG Google Inc.
SSD Simpson Manufacturing Co., Inc.
CYBX Cyberonics Inc.
CODE Spansion Inc.
BGS B&G Foods Inc.
BRS Bristow Group, Inc.
RDK Ruddick Corp.
ISIL Intersil Corporation
EMKR EMCORE Corporation
ADVS Advent Software, Inc.
UNS UniSource Energy Corporation
YHOO Yahoo! Inc.
ABC AmerisourceBergen Corporation
VSAT ViaSat Inc.
GSOL Global Sources Ltd.
CALL magicJack VocalTec Ltd.
GLW Corning Inc.
CAH Cardinal Health, Inc.
UAL United Continental Holdings, Inc.
EXLP Exterran Partners, L.P.
AB AllianceBernstein Holding L.P.
OSG Overseas Shipholding Group Inc.
ICGE ICG Group, Inc.
TI Telecom Italia SpA
OPEN OpenTable, Inc.
BHP BHP Billiton Ltd.
LPH Longwei Petroleum Investment Holding Limited
TLM Talisman Energy Inc.
CVC Cablevision Systems Corporation
TX Ternium S.A.
SIGA SIGA Technologies, Inc.
FNV Franco-Nevada Corporation
QEP QEP Resources, Inc.
FIO Fusion-io, Inc.
