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 22, 2012.
Ticker Company LIVE LiveDeal, Inc.
CLDX Celldex Therapeutics, Inc.
SYUT Synutra International Inc.
FXEN FX Energy Inc.
STEL StellarOne Corporation
GLUU Glu Mobile, Inc.
ADVS Advent Software, Inc.
MCRL Micrel Inc.
STL Sterling Bancorp
ECHO Echo Global Logistics, Inc.
FC Franklin Covey Co.
SSW Seaspan Corp.
CRTX Cornerstone Therapeutics Inc.
EBF Ennis Inc.
NCMI National CineMedia, Inc.
EXEL Exelixis, Inc.
PRXL PAREXEL International Corporation
ISIL Intersil Corporation
CVD Covance Inc.
LRN K12, Inc.
BWC The Babcock & Wilcox Company
KWR Quaker Chemical Corporation
FSC Fifth Street Finance Corp.
WSH Willis Group Holdings Public Limited Company
ABC AmerisourceBergen Corporation
PLOW Douglas Dynamics, Inc.
OPK Opko Health, Inc.
WLP WellPoint Inc.
BKU BankUnited, Inc.
COLM Columbia Sportswear Company
VOLC Volcano Corporation
CAH Cardinal Health, Inc.
LGF Lions Gate Entertainment Corp.
IO ION Geophysical Corporation
OSG Overseas Shipholding Group Inc.
BRKR Bruker Corporation
WY Weyerhaeuser Co.
PFBC Preferred Bank
EIG Employers Holdings, Inc.
NDSN Nordson Corporation
GSOL Global Sources Ltd.
ROG Rogers Corporation
KSS Kohl's Corp.
LYV Live Nation Entertainment, Inc.
OGE OGE Energy Corp.
CCL Carnival Corporation
PPP Primero Mining Corp.
