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 19, 2012.
Ticker Company SSW Seaspan Corp.
OSG Overseas Shipholding Group Inc.
CLDX Celldex Therapeutics, Inc.
PVA Penn Virginia Corporation
CODE Spansion Inc.
BWC The Babcock & Wilcox Company
OPK Opko Health, Inc.
ABC AmerisourceBergen Corporation
FSC Fifth Street Finance Corp.
HAS Hasbro Inc.
CCL Carnival Corporation
EXEL Exelixis, Inc.
PRXL PAREXEL International Corporation
KSS Kohl's Corp.
YHOO Yahoo! Inc.
WSH Willis Group Holdings Public Limited Company
CVD Covance Inc.
LGF Lions Gate Entertainment Corp.
CAH Cardinal Health, Inc.
CSX CSX Corp.
AWI Armstrong World Industries, Inc.
ISIL Intersil Corporation
