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 24, 2012.
Ticker Company CGA China Green Agriculture, Inc.
LYV Live Nation Entertainment, Inc.
IO ION Geophysical Corporation
MIPS MIPS Technologies Inc.
FNF Fidelity National Financial, Inc.
FDX FedEx Corporation
HIW Highwoods Properties Inc.
VNO Vornado Realty Trust
MAA Mid-America Apartment Communities Inc.
PRKR Parkervision Inc.
PTRY Pantry Inc.
ESS Essex Property Trust Inc.
ABV Companhia de Bebidas Das Americas (AMBEV)
TTEK Tetra Tech Inc.
CMP Compass Minerals International Inc.
IMAX IMAX Corporation
OAK Oaktree Capital Group, LLC
RTI RTI International Metals, Inc.
IRE The Governor and Company of The Bank of Ireland
SHLD Sears Holdings Corporation
STT State Street Corp.
PWRD Perfect World Co., Ltd.
MA Mastercard Incorporated
HOTT Hot Topic Inc.
IMMU Immunomedics Inc.
BPL Buckeye Partners LP
VNTV Vantiv, Inc.
ARNA Arena Pharmaceuticals, Inc.
FII Federated Investors, Inc.
ABMD Abiomed Inc.
