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 26, 2012.
Ticker Company CAMP CalAmp Corp.
EJ E-House (China) Holdings Limited
POST Post Holdings, Inc.
PWRD Perfect World Co., Ltd.
LUV Southwest Airlines Co.
SURG Synergetics USA, Inc.
DFZ R.G. Barry Corporation
COLM Columbia Sportswear Company
QDEL Quidel Corp.
HOTT Hot Topic Inc.
KRG Kite Realty Group Trust
MAA Mid-America Apartment Communities Inc.
ABV Companhia de Bebidas Das Americas (AMBEV)
BPL Buckeye Partners LP
RECN Resources Connection Inc.
VNO Vornado Realty Trust
FDX FedEx Corporation
HIW Highwoods Properties Inc.
ESS Essex Property Trust Inc.
RTI RTI International Metals, Inc.
SATS EchoStar Corp.
GHDX Genomic Health Inc.
SLAB Silicon Laboratories Inc.
PLAB Photronics Inc.
STT State Street Corp.
SSW Seaspan Corp.
PCYG Park City Group Inc.
PNR Pentair, Inc.
HSP Hospira Inc.
OAK Oaktree Capital Group, LLC
MTRX Matrix Service Co.
LYV Live Nation Entertainment, Inc.
CMP Compass Minerals International Inc.
QNST QuinStreet, Inc.
ABMD Abiomed Inc.
IO ION Geophysical Corporation
WPC W. P. Carey & Co. LLC
FOLD Amicus Therapeutics, Inc.
TISA Top Image Systems Ltd.
