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 21, 2012.
Ticker Company LYV Live Nation Entertainment, Inc.
OPK Opko Health, Inc.
LGF Lions Gate Entertainment Corp.
PFBC Preferred Bank
STRA Strayer Education Inc.
SSW Seaspan Corp.
EXEL Exelixis, Inc.
COLM Columbia Sportswear Company
ECHO Echo Global Logistics, Inc.
FSC Fifth Street Finance Corp.
WSH Willis Group Holdings Public Limited Company
CLDX Celldex Therapeutics, Inc.
PLOW Douglas Dynamics, Inc.
ABC AmerisourceBergen Corporation
BKU BankUnited, Inc.
ROG Rogers Corporation
MR Mindray Medical International Limited
CAH Cardinal Health, Inc.
CSX CSX Corp.
WSTL Westell Technologies Inc.
NCMI National CineMedia, Inc.
WLP WellPoint Inc.
VOLC Volcano Corporation
EIG Employers Holdings, Inc.
KSS Kohl's Corp.
CCL Carnival Corporation
LRN K12, Inc.
PRXL PAREXEL International Corporation
WY Weyerhaeuser Co.
FSR Flagstone Reinsurance Holdings SA
BWC The Babcock & Wilcox Company
ADVS Advent Software, Inc.
CVD Covance Inc.
ISIL Intersil Corporation
MCRL Micrel Inc.
GLUU Glu Mobile, Inc.
PPP Primero Mining Corp.
NDSN Nordson Corporation
OSG Overseas Shipholding Group Inc.
FXEN FX Energy Inc.
