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 June 12, 2012.
Ticker Company PVA Penn Virginia Corporation
EXEL Exelixis, Inc.
CSX CSX Corp.
CCL Carnival Corporation
LGF Lions Gate Entertainment Corp.
WPX WPX Energy, Inc.
KSS Kohl's Corp.
CLDX Celldex Therapeutics, Inc.
ISIL Intersil Corporation
YHOO Yahoo! Inc.
CAH Cardinal Health, Inc.
WLP WellPoint Inc.
OPK Opko Health, Inc.
WSH Willis Group Holdings Public Limited Company
FSC Fifth Street Finance Corp.
ABC AmerisourceBergen Corporation
CALX Calix Inc.
GOOG Google Inc.
GXP Great Plains Energy Incorporated
ALTE Alterra Capital Holdings Limited
AINV Apollo Investment Corporation
