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 31, 2012.
Ticker Company TEAR TearLab Corporation 8.38%
IRE The Governor and Company of The Bank of Ireland 3.39%
LGF Lions Gate Entertainment Corp. 2.46%
TWI Titan International Inc. 2.45%
WSH Willis Group Holdings Public Limited Company 2.33%
AXP American Express Company 2.19%
SAPE Sapient Corp. 1.81%
GWRE Guidewire Software, Inc. 1.74%
IR Ingersoll-Rand Plc 1.65%
IRWD Ironwood Pharmaceuticals Inc. 1.45%
WDR Waddell & Reed Financial Inc. 1.44%
WWWW Web.com Group, Inc. 1.40%
OXM Oxford Industries Inc. 1.34%
IPAR Inter Parfums Inc. 1.22%
TTEK Tetra Tech Inc. 1.21%
SKS Saks Incorporated 1.12%
TIBX TIBCO Software Inc. 1.11%
DE Deere & Company 0.94%
VCI Valassis Communications Inc. 0.82%
FDX FedEx Corporation 0.68%
LIFE Life Technologies Corporation 0.63%
SMTC Semtech Corp. 0.61%
VNO Vornado Realty Trust 0.59%
FBHS Fortune Brands Home & Security, Inc. 0.59%
MA Mastercard Incorporated 0.56%
PII Polaris Industries, Inc. 0.55%
GILD Gilead Sciences Inc. 0.52%
SLF Sun Life Financial Inc. 0.43%
BMS Bemis Company, Inc. 0.36%
MAC Macerich Co. 0.20%
BOH Bank of Hawaii Corporation 0.10%
EXL Excel Trust, Inc. 0.08%
SZYM Solazyme, Inc. 0.08%
HTS Hatteras Financial Corp 0.07%
WBS Webster Financial Corp. 0.00%
UHS Universal Health Services Inc. -0.02%
PSSI PSS World Medical Inc. -0.09%
SJT San Juan Basin Royalty Trust -0.29%
NATI National Instruments Corporation -0.35%
HOTT Hot Topic Inc. -0.63%
PLAB Photronics Inc. -0.68%
MYGN Myriad Genetics Inc. -0.71%
TITN Titan Machinery, Inc. -0.94%
KRG Kite Realty Group Trust -1.15%
RRD R.R. Donnelley & Sons Company -1.17%
THC Tenet Healthcare Corp. -1.52%
CKEC Carmike Cinemas Inc. -3.11%
