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 12, 2012.
Ticker Company TDC Teradata Corporation
FIRE Sourcefire, Inc.
POL PolyOne Corporation
URBN Urban Outfitters Inc.
IO ION Geophysical Corporation
ANSS Ansys, Inc.
BGCP BGC Partners, Inc.
PHG Koninklijke Philips Electronics NV
ELN Elan Corporation, plc
MDP Meredith Corp.
WSH Willis Group Holdings Public Limited Company
SNPS Synopsys Inc.
BCE BCE, Inc.
ADBE Adobe Systems Inc.
TRX Tanzanian Royalty Exploration Corp.
VR Validus Holdings, Ltd.
MPW Medical Properties Trust Inc.
CAH Cardinal Health, Inc.
KFT Kraft Foods Inc.
VIAB Viacom, Inc.
CBG CBRE Group, Inc
AES The AES Corporation
FDX FedEx Corporation
RHT Red Hat, Inc.
A Agilent Technologies Inc.
HAS Hasbro Inc.
OSG Overseas Shipholding Group Inc.
ISIL Intersil Corporation
DOLE Dole Food Company Inc.
FXEN FX Energy Inc.
BAA Banro Corporation
