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 29, 2012.
Ticker Company ATPG ATP Oil & Gas Corp.
MTN Vail Resorts Inc.
CALX Calix Inc.
PNK Pinnacle Entertainment Inc.
LPX Louisiana-Pacific Corp.
WPP Wausau Paper Corp.
ISIL Intersil Corporation
AGII Argo Group International Holdings, Ltd.
SLXP Salix Pharmaceuticals Ltd.
BWLD Buffalo Wild Wings Inc.
AER AerCap Holdings N.V.
BGS B&G Foods Inc.
OFC Corporate Office Properties Trust
GLW Corning Inc.
NWL Newell Rubbermaid Inc.
YHOO Yahoo! Inc.
GOOG Google Inc.
GXP Great Plains Energy Incorporated
KSS Kohl's Corp.
CAH Cardinal Health, Inc.
BWX SPDR Barclays Capital Intl Treasury Bond
BRS Bristow Group, Inc.
ALTE Alterra Capital Holdings Limited
CONN Conns Inc.
TI Telecom Italia SpA
