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 14, 2012.
Ticker Company CLDX Celldex Therapeutics, Inc.
PVA Penn Virginia Corporation
WPX WPX Energy, Inc.
AGP AMERIGROUP Corporation
THRX Theravance Inc.
NCMI National CineMedia, Inc.
OSG Overseas Shipholding Group Inc.
CCL Carnival Corporation
LGF Lions Gate Entertainment Corp.
CALX Calix Inc.
DXCM DexCom, Inc.
PRXL PAREXEL International Corporation
AWI Armstrong World Industries, Inc.
WPP Wausau Paper Corp.
EXEL Exelixis, Inc.
WSTL Westell Technologies Inc.
EIG Employers Holdings, Inc.
WLP WellPoint Inc.
ABC AmerisourceBergen Corporation
BWC The Babcock & Wilcox Company
BKU BankUnited, Inc.
KSS Kohl's Corp.
CSX CSX Corp.
ALTE Alterra Capital Holdings Limited
CAH Cardinal Health, Inc.
FSC Fifth Street Finance Corp.
TREX Trex Co. Inc.
BRS Bristow Group, Inc.
VOLC Volcano Corporation
MCRL Micrel Inc.
YHOO Yahoo! Inc.
SSW Seaspan Corp.
PLOW Douglas Dynamics, Inc.
MR Mindray Medical International Limited
COLM Columbia Sportswear Company
OVRL Overland Storage Inc.
ISIL Intersil Corporation
OPK Opko Health, Inc.
SAM Boston Beer Co. Inc.
BMTI BioMimetic Therapeutics Inc.
