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 2, 2012.
Ticker Company IRE The Governor and Company of The Bank of Ireland
BRKR Bruker Corporation
STRA Strayer Education Inc.
LYV Live Nation Entertainment, Inc.
USAT USA Technologies Inc.
BWC The Babcock & Wilcox Company
CLDX Celldex Therapeutics, Inc.
CAH Cardinal Health, Inc.
PHG Koninklijke Philips Electronics NV
SKT Tanger Factory Outlet Centers Inc.
HAS Hasbro Inc.
FSC Fifth Street Finance Corp.
ABC AmerisourceBergen Corporation
SAP SAP AG
VR Validus Holdings, Ltd.
AFG American Financial Group Inc.
SNPS Synopsys Inc.
WSH Willis Group Holdings Public Limited Company
GGB Gerdau S.A.
FIRE Sourcefire, Inc.
MGM MGM Resorts International
OPK Opko Health, Inc.
CRI Carter's, Inc.
MHK Mohawk Industries Inc.
LCRY LeCroy Corp.
KFT Kraft Foods Inc.
BKU BankUnited, Inc.
ISIL Intersil Corporation
STNR Steiner Leisure Ltd.
FXEN FX Energy Inc.
NRG NRG Energy, Inc.
IO ION Geophysical Corporation
SPR Spirit AeroSystems Holdings Inc
FDX FedEx Corporation
AES The AES Corporation
BWLD Buffalo Wild Wings Inc.
WERN Werner Enterprises Inc.
ENS EnerSys
GTLS Chart Industries Inc.
CBG CBRE Group, Inc
OSG Overseas Shipholding Group Inc.
