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 12, 2012.
Ticker Company SHLD Sears Holdings Corporation
FII Federated Investors, Inc.
MIPS MIPS Technologies Inc.
PIR Pier 1 Imports, Inc.
IRE The Governor and Company of The Bank of Ireland
IRWD Ironwood Pharmaceuticals Inc.
CMA Comerica Incorporated
THC Tenet Healthcare Corp.
DRE Duke Realty Corp.
CCG Campus Crest Communities, Inc.
RFMD RF Micro Devices Inc.
FDX FedEx Corporation
AXP American Express Company
BMS Bemis Company, Inc.
TITN Titan Machinery, Inc.
ABV Companhia de Bebidas Das Americas (AMBEV)
LGF Lions Gate Entertainment Corp.
HOTT Hot Topic Inc.
TWI Titan International Inc.
