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 September 4, 2012.
Ticker Company LGF Lions Gate Entertainment Corp.
BT BT Group plc
LYV Live Nation Entertainment, Inc.
IRE The Governor and Company of The Bank of Ireland
THC Tenet Healthcare Corp.
WDR Waddell & Reed Financial Inc.
WWWW Web.com Group, Inc.
TIBX TIBCO Software Inc.
VCI Valassis Communications Inc.
UHS Universal Health Services Inc.
POST Post Holdings, Inc.
MAC Macerich Co.
MA Mastercard Incorporated
HOTT Hot Topic Inc.
PSSI PSS World Medical Inc.
FDX FedEx Corporation
AHL Aspen Insurance Holdings Ltd.
AXP American Express Company
PII Polaris Industries, Inc.
CMA Comerica Incorporated
RRD R.R. Donnelley & Sons Company
VNO Vornado Realty Trust
SKS Saks Incorporated
GILD Gilead Sciences Inc.
LIFE Life Technologies Corporation
MYGN Myriad Genetics Inc.
BMS Bemis Company, Inc.
TWI Titan International Inc.
WSH Willis Group Holdings Public Limited Company
IRWD Ironwood Pharmaceuticals Inc.
FBHS Fortune Brands Home & Security, Inc.
DE Deere & Company
TITN Titan Machinery, Inc.
IR Ingersoll-Rand Plc
IMMU Immunomedics Inc.
PLAB Photronics Inc.
CVGW Calavo Growers Inc.
SZYM Solazyme, Inc.
