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 18, 2012.
Ticker Company EMC EMC Corporation
RHT Red Hat, Inc.
AMKR Amkor Technology, Inc.
FCEL FuelCell Energy Inc.
SAP SAP AG
CVD Covance Inc.
IO ION Geophysical Corporation
FDX FedEx Corporation
DOLE Dole Food Company Inc.
VIAB Viacom, Inc.
SNPS Synopsys Inc.
URBN Urban Outfitters Inc.
ANSS Ansys, Inc.
VR Validus Holdings, Ltd.
BGCP BGC Partners, Inc.
MAT Mattel Inc.
LIFE Life Technologies Corporation
CAH Cardinal Health, Inc.
KFT Kraft Foods Inc.
BCE BCE, Inc.
PPG PPG Industries Inc.
FCF First Commonwealth Financial Corp.
PHG Koninklijke Philips Electronics NV
MTW Manitowoc Co. Inc.
CBG CBRE Group, Inc
AES The AES Corporation
ELN Elan Corporation, plc
CBS CBS Corporation
SHAW Shaw Group Inc.
MR Mindray Medical International Limited
BAC Bank of America Corporation
LRN K12, Inc.
