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 18, 2012.
Ticker Company YHOO Yahoo! Inc.
OSG Overseas Shipholding Group Inc.
BLTI Biolase Technology, Inc.
MOS The Mosaic Company
KSS Kohl's Corp.
WTSLA Wet Seal Inc.
FIO Fusion-io, Inc.
EIG Employers Holdings, Inc.
CJES C&J Energy Services, Inc.
CODE Spansion Inc.
WSTL Westell Technologies Inc.
SSD Simpson Manufacturing Co., Inc.
EXLP Exterran Partners, L.P.
TLM Talisman Energy Inc.
CVC Cablevision Systems Corporation
ESSX Essex Rental Corp.
MTN Vail Resorts Inc.
MATW Matthews International Corporation
STL Sterling Bancorp
GLW Corning Inc.
ADVS Advent Software, Inc.
VNDA Vanda Pharmaceuticals, Inc.
ICGE ICG Group, Inc.
OPEN OpenTable, Inc.
BRS Bristow Group, Inc.
CEDC Central European Distribution Corp.
SGEN Seattle Genetics Inc.
ABC AmerisourceBergen Corporation
TI Telecom Italia SpA
CAH Cardinal Health, Inc.
TX Ternium S.A.
ISIL Intersil Corporation
FST Forest Oil Corp.
SIGA SIGA Technologies, Inc.
AB AllianceBernstein Holding L.P.
CMC Commercial Metals Company
AHT Ashford Hospitality Trust Inc.
SOHU Sohu.com Inc.
KOPN Kopin Corp.
VSAT ViaSat Inc.
GOOG Google Inc.
CALL magicJack VocalTec Ltd.
LGCY Legacy Reserves Lp
AERL Asia Entertainment & Resources Ltd.
