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 July 11, 2012.
Ticker Company FXEN FX Energy Inc.
SYN Synthetic Biologics Inc.
MDP Meredith Corp.
BAP Credicorp Ltd.
PHG Koninklijke Philips Electronics NV
IO ION Geophysical Corporation
ISIL Intersil Corporation
RLJ RLJ Lodging Trust
CECE CECO Environmental Corp.
AES The AES Corporation
CBG CBRE Group, Inc
CVD Covance Inc.
MPW Medical Properties Trust Inc.
RHT Red Hat, Inc.
TDC Teradata Corporation
FDX FedEx Corporation
VR Validus Holdings, Ltd.
KFT Kraft Foods Inc.
WSH Willis Group Holdings Public Limited Company
SNPS Synopsys Inc.
SKT Tanger Factory Outlet Centers Inc.
VIAB Viacom, Inc.
BGCP BGC Partners, Inc.
CAH Cardinal Health, Inc.
BCE BCE, Inc.
LRN K12, Inc.
ELN Elan Corporation, plc
HAS Hasbro Inc.
URBN Urban Outfitters Inc.
ADBE Adobe Systems Inc.
A Agilent Technologies Inc.
LTXC LTX-Credence Corporation
RDNT RadNet, Inc.
POL PolyOne Corporation
COLM Columbia Sportswear Company
ANSS Ansys, Inc.
BAA Banro Corporation
FSC Fifth Street Finance Corp.
TRX Tanzanian Royalty Exploration Corp.
SPR Spirit AeroSystems Holdings Inc
OSG Overseas Shipholding Group Inc.
FIRE Sourcefire, Inc.
YMI YM BioSciences Inc.
