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 August 29, 2012.
Ticker Company LGF Lions Gate Entertainment Corp.
TITN Titan Machinery, Inc.
PLAB Photronics Inc.
FOLD Amicus Therapeutics, Inc.
IMMU Immunomedics Inc.
LYV Live Nation Entertainment, Inc.
RRD R.R. Donnelley & Sons Company
HOTT Hot Topic Inc.
LIFE Life Technologies Corporation
FBHS Fortune Brands Home & Security, Inc.
PBH Prestige Brands Holdings, Inc.
MYGN Myriad Genetics Inc.
WBS Webster Financial Corp.
GWRE Guidewire Software, Inc.
FLOW Flow International Corp.
TIBX TIBCO Software Inc.
BMS Bemis Company, Inc.
PII Polaris Industries, Inc.
DE Deere & Company
HPY Heartland Payment Systems, Inc.
RMD ResMed Inc.
THC Tenet Healthcare Corp.
SMTC Semtech Corp.
OSIS OSI Systems, Inc.
MBI MBIA Inc.
SLF Sun Life Financial Inc.
MA Mastercard Incorporated
VCI Valassis Communications Inc.
GILD Gilead Sciences Inc.
AJG Arthur J Gallagher & Co.
TTEK Tetra Tech Inc.
FDX FedEx Corporation
IR Ingersoll-Rand Plc
PSSI PSS World Medical Inc.
WDR Waddell & Reed Financial Inc.
MAC Macerich Co.
FBP First Bancorp
VNO Vornado Realty Trust
WSH Willis Group Holdings Public Limited Company
DRE Duke Realty Corp.
AXP American Express Company
NATI National Instruments Corporation
UHS Universal Health Services Inc.
IRWD Ironwood Pharmaceuticals Inc.
AER AerCap Holdings N.V.
SKS Saks Incorporated
AEG AEGON N.V.
CKEC Carmike Cinemas Inc.
TWI Titan International Inc.
IRE The Governor and Company of The Bank of Ireland
QDEL Quidel Corp.
SJT San Juan Basin Royalty Trust
