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