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 13, 2012.
Ticker Company EXEL Exelixis, Inc.
DXCM DexCom, Inc.
SAM Boston Beer Co. Inc.
MM Millennial Media Inc.
LGF Lions Gate Entertainment Corp.
MR Mindray Medical International Limited
ECHO Echo Global Logistics, Inc.
BKU BankUnited, Inc.
PRXL PAREXEL International Corporation
VOLC Volcano Corporation
FSR Flagstone Reinsurance Holdings SA
CSX CSX Corp.
AER AerCap Holdings N.V.
ADVS Advent Software, Inc.
ALTE Alterra Capital Holdings Limited
PAA Plains All American Pipeline, L.P.
CAH Cardinal Health, Inc.
CPK Chesapeake Utilities Corporation
PLOW Douglas Dynamics, Inc.
OPK Opko Health, Inc.
GOOG Google Inc.
CCL Carnival Corporation
AWI Armstrong World Industries, Inc.
COLM Columbia Sportswear Company
MCRL Micrel Inc.
YHOO Yahoo! Inc.
CGI Celadon Group Inc.
WPP Wausau Paper Corp.
WLP WellPoint Inc.
AGP AMERIGROUP Corporation
PVA Penn Virginia Corporation
THRX Theravance Inc.
ABC AmerisourceBergen Corporation
OSG Overseas Shipholding Group Inc.
FSC Fifth Street Finance Corp.
ISIL Intersil Corporation
KSS Kohl's Corp.
CLDX Celldex Therapeutics, Inc.
SSW Seaspan Corp.
NCMI National CineMedia, Inc.
CALX Calix Inc.
WPX WPX Energy, Inc.
