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 14, 2012.
Ticker Company THC Tenet Healthcare Corp.
RFMD RF Micro Devices Inc.
UHS Universal Health Services Inc.
IRE The Governor and Company of The Bank of Ireland
TITN Titan Machinery, Inc.
WDR Waddell & Reed Financial Inc.
SHLD Sears Holdings Corporation
PWRD Perfect World Co., Ltd.
CATY Cathay General Bancorp
LGF Lions Gate Entertainment Corp.
IRWD Ironwood Pharmaceuticals Inc.
EFX Equifax Inc.
VNO Vornado Realty Trust
DRE Duke Realty Corp.
PII Polaris Industries, Inc.
AXP American Express Company
PIR Pier 1 Imports, Inc.
MIPS MIPS Technologies Inc.
FII Federated Investors, Inc.
FNF Fidelity National Financial, Inc.
ABV Companhia de Bebidas Das Americas (AMBEV)
JAZZ Jazz Pharmaceuticals plc
CMA Comerica Incorporated
FDX FedEx Corporation
MA Mastercard Incorporated
STT State Street Corp.
FISV Fiserv, Inc.
HOTT Hot Topic Inc.
ABMD Abiomed Inc.
