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 18, 2012.
Ticker Company PVA Penn Virginia Corporation
MR Mindray Medical International Limited
CLDX Celldex Therapeutics, Inc.
ISIL Intersil Corporation
VOLC Volcano Corporation
LGF Lions Gate Entertainment Corp.
MCRL Micrel Inc.
ABC AmerisourceBergen Corporation
WPP Wausau Paper Corp.
GOOG Google Inc.
CSX CSX Corp.
AWI Armstrong World Industries, Inc.
OSG Overseas Shipholding Group Inc.
YHOO Yahoo! Inc.
CGI Celadon Group Inc.
CCL Carnival Corporation
WLP WellPoint Inc.
ALTE Alterra Capital Holdings Limited
CVD Covance Inc.
BRS Bristow Group, Inc.
CAH Cardinal Health, Inc.
FSC Fifth Street Finance Corp.
EXEL Exelixis, Inc.
PRXL PAREXEL International Corporation
CALX Calix Inc.
KSS Kohl's Corp.
OPK Opko Health, Inc.
