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Monday, July 16, 2012

Stocks to Watch Bullish Wedge Pattern on July 17, 2012

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.

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 16, 2012.

Ticker     Company    
IO    ION Geophysical Corporation
URBN    Urban Outfitters Inc.
LIFE    Life Technologies Corporation
SNPS    Synopsys Inc.
ELN    Elan Corporation, plc
KFT    Kraft Foods Inc.
ISIL    Intersil Corporation
PIR    Pier 1 Imports, Inc.
FDX    FedEx Corporation
A    Agilent Technologies Inc.
BAC    Bank of America Corporation
VIAB    Viacom, Inc.
HAS    Hasbro Inc.
AES    The AES Corporation
CAH    Cardinal Health, Inc.
MTW    Manitowoc Co. Inc.
RHT    Red Hat, Inc.
CBG    CBRE Group, Inc

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