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 19, 2012.
Ticker Company CMCO Columbus McKinnon Corporation
PATH NuPathe, Inc.
GWRE Guidewire Software, Inc.
NXPI NXP Semiconductors NV
MPWR Monolithic Power Systems Inc.
GTLS Chart Industries Inc.
RHT Red Hat, Inc.
SMTC Semtech Corp.
ANSS Ansys, Inc.
FBHS Fortune Brands Home & Security, Inc.
CBG CBRE Group, Inc
BHE Benchmark Electronics Inc.
AES The AES Corporation
URBN Urban Outfitters Inc.
EMC EMC Corporation
AMKR Amkor Technology, Inc.
TRX Tanzanian Royalty Exploration Corp.
MAT Mattel Inc.
CAH Cardinal Health, Inc.
PHG Koninklijke Philips Electronics NV
DOLE Dole Food Company Inc.
ELN Elan Corporation, plc
CBS CBS Corporation
BAA Banro Corporation
KFT Kraft Foods Inc.
MR Mindray Medical International Limited
CRL Charles River Laboratories International, Inc.
SXT Sensient Technologies Corporation
WES Western Gas Partners LP
SAP SAP AG
RYAAY Ryanair Holdings plc
POL PolyOne Corporation
IR Ingersoll-Rand Plc
SHAW Shaw Group Inc.
PIR Pier 1 Imports, Inc.
FXEN FX Energy Inc.
FDX FedEx Corporation
TECD Tech Data Corp.
BYI Bally Technologies, Inc.
LIFE Life Technologies Corporation
SNPS Synopsys Inc.
IO ION Geophysical Corporation
BIRT Actuate Corporation
BCE BCE, Inc.
VR Validus Holdings, Ltd.
WSTL Westell Technologies Inc.
CVD Covance Inc.
FELE Franklin Electric Co. Inc.
MTW Manitowoc Co. Inc.
FCF First Commonwealth Financial Corp.
AFG American Financial Group Inc.
BAP Credicorp Ltd.
MDP Meredith Corp.
LTXC LTX-Credence Corporation
BGCP BGC Partners, Inc.
VIAB Viacom, Inc.
LRN K12, Inc.
BAC Bank of America Corporation
WPP Wausau Paper Corp.
RLI RLI Corp.
