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 28, 2012.
Ticker Company LIVE LiveDeal, Inc.
KSS Kohl's Corp.
NRG NRG Energy, Inc.
WSH Willis Group Holdings Public Limited Company
ABC AmerisourceBergen Corporation
CAH Cardinal Health, Inc.
AES The AES Corporation
NDSN Nordson Corporation
PHG Koninklijke Philips Electronics NV
OSG Overseas Shipholding Group Inc.
FSC Fifth Street Finance Corp.
BRKR Bruker Corporation
GTLS Chart Industries Inc.
BWC The Babcock & Wilcox Company
IO ION Geophysical Corporation
OPK Opko Health, Inc.
BWLD Buffalo Wild Wings Inc.
PSDV pSivida Corp.
LYV Live Nation Entertainment, Inc.
ISIL Intersil Corporation
LGF Lions Gate Entertainment Corp.
IRE The Governor and Company of The Bank of Ireland
CRI Carter's, Inc.
CLDX Celldex Therapeutics, Inc.
