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 30, 2012.
Ticker Company OXM Oxford Industries Inc.
WCRX Warner Chilcott plc
MYGN Myriad Genetics Inc.
SLF Sun Life Financial Inc.
DE Deere & Company
THC Tenet Healthcare Corp.
UHS Universal Health Services Inc.
DRE Duke Realty Corp.
IRE The Governor and Company of The Bank of Ireland
HOTT Hot Topic Inc.
BMS Bemis Company, Inc.
SJT San Juan Basin Royalty Trust
WSH Willis Group Holdings Public Limited Company
GILD Gilead Sciences Inc.
MAC Macerich Co.
AXP American Express Company
FDX FedEx Corporation
FBHS Fortune Brands Home & Security, Inc.
IR Ingersoll-Rand Plc
SAPE Sapient Corp.
LIFE Life Technologies Corporation
PSSI PSS World Medical Inc.
WDR Waddell & Reed Financial Inc.
SKS Saks Incorporated
MA Mastercard Incorporated
NATI National Instruments Corporation
VNO Vornado Realty Trust
TITN Titan Machinery, Inc.
TIBX TIBCO Software Inc.
SIGI Selective Insurance Group Inc.
IRWD Ironwood Pharmaceuticals Inc.
PII Polaris Industries, Inc.
LGF Lions Gate Entertainment Corp.
TWI Titan International Inc.
LYV Live Nation Entertainment, Inc.
RRD R.R. Donnelley & Sons Company
VCI Valassis Communications Inc.
FLOW Flow International Corp.
