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 24, 2012.
Ticker Company OPK Opko Health, Inc.
KSS Kohl's Corp.
DENN Denny's Corporation
TLM Talisman Energy Inc.
EIG Employers Holdings, Inc.
CAH Cardinal Health, Inc.
MOS The Mosaic Company
OFC Corporate Office Properties Trust
GLW Corning Inc.
EXEL Exelixis, Inc.
ADVS Advent Software, Inc.
MTN Vail Resorts Inc.
CMC Commercial Metals Company
ISIL Intersil Corporation
PNK Pinnacle Entertainment Inc.
BWLD Buffalo Wild Wings Inc.
TX Ternium S.A.
GOOG Google Inc.
CONN Conns Inc.
TI Telecom Italia SpA
EMKR EMCORE Corporation
SPTN Spartan Stores Inc.
BRS Bristow Group, Inc.
CEDC Central European Distribution Corp.
