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 26, 2012.
Ticker Company LIVE LiveDeal, Inc.
STRA Strayer Education Inc.
OSG Overseas Shipholding Group Inc.
BRKR Bruker Corporation
EXEL Exelixis, Inc.
CAH Cardinal Health, Inc.
OPK Opko Health, Inc.
ABC AmerisourceBergen Corporation
WSH Willis Group Holdings Public Limited Company
OGE OGE Energy Corp.
CLDX Celldex Therapeutics, Inc.
BWC The Babcock & Wilcox Company
FSC Fifth Street Finance Corp.
ISIL Intersil Corporation
CRI Carter's, Inc.
KSS Kohl's Corp.
IO ION Geophysical Corporation
GNRC Generac Holdings Inc.
AYI Acuity Brands, Inc.
LGF Lions Gate Entertainment Corp.
LYV Live Nation Entertainment, Inc.
PHG Koninklijke Philips Electronics NV
NDSN Nordson Corporation
