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 23, 2012.
Ticker Company CEDC Central European Distribution Corp.
CJES C&J Energy Services, Inc.
ESSX Essex Rental Corp.
ICGE ICG Group, Inc.
FIO Fusion-io, Inc.
MOS The Mosaic Company
RAVN Raven Industries Inc.
SYMM Symmetricom Inc.
CVV CVD Equipment Corporation
OPEN OpenTable, Inc.
KOPN Kopin Corp.
SIGA SIGA Technologies, Inc.
GOOG Google Inc.
FPO First Potomac Realty Trust
MATW Matthews International Corporation
EIG Employers Holdings, Inc.
TLM Talisman Energy Inc.
STL Sterling Bancorp
EMKR EMCORE Corporation
TX Ternium S.A.
KSS Kohl's Corp.
OFC Corporate Office Properties Trust
PNK Pinnacle Entertainment Inc.
ISIL Intersil Corporation
AAON AAON Inc.
CMC Commercial Metals Company
MTN Vail Resorts Inc.
EXLP Exterran Partners, L.P.
AGII Argo Group International Holdings, Ltd.
CAH Cardinal Health, Inc.
ADVS Advent Software, Inc.
BRS Bristow Group, Inc.
GXP Great Plains Energy Incorporated
EXEL Exelixis, Inc.
AB AllianceBernstein Holding L.P.
WSTL Westell Technologies Inc.
WTSLA Wet Seal Inc.
OMER Omeros Corporation
GLW Corning Inc.
GSOL Global Sources Ltd.
TI Telecom Italia SpA
