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 11, 2012.
Ticker Company RFMD RF Micro Devices Inc.
JAZZ Jazz Pharmaceuticals plc
IRE The Governor and Company of The Bank of Ireland
PII Polaris Industries, Inc.
TITN Titan Machinery, Inc.
JOEZ Joe's Jeans Inc.
MA Mastercard Incorporated
NMR Nomura Holdings, Inc.
BWC The Babcock & Wilcox Company
YMI YM BioSciences Inc.
PWRD Perfect World Co., Ltd.
FDX FedEx Corporation
THC Tenet Healthcare Corp.
ABV Companhia de Bebidas Das Americas (AMBEV)
EFX Equifax Inc.
FII Federated Investors, Inc.
SZYM Solazyme, Inc.
VNO Vornado Realty Trust
DRE Duke Realty Corp.
CATY Cathay General Bancorp
CCG Campus Crest Communities, Inc.
IRWD Ironwood Pharmaceuticals Inc.
UHS Universal Health Services Inc.
MIPS MIPS Technologies Inc.
CMA Comerica Incorporated
LIFE Life Technologies Corporation
AXP American Express Company
ABMD Abiomed Inc.
LGF Lions Gate Entertainment Corp.
PIR Pier 1 Imports, Inc.
THOR Thoratec Corp.
SHLD Sears Holdings Corporation
TWI Titan International Inc.
INWK InnerWorkings Inc.
HOTT Hot Topic Inc.
