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 USAT USA Technologies Inc. 9.32%
IO ION Geophysical Corporation 3.89%
POST Post Holdings, Inc. 3.87%
PNR Pentair, Inc. 3.56%
CAMP CalAmp Corp. 3.33%
UPL Ultra Petroleum Corp. 2.33%
FDX FedEx Corporation 1.64%
ABV Companhia de Bebidas Das Americas (AMBEV) 1.45%
LYV Live Nation Entertainment, Inc. 0.83%
STT State Street Corp. 0.79%
VNO Vornado Realty Trust 0.62%
MAA Mid-America Apartment Communities Inc. 0.58%
HIW Highwoods Properties Inc. 0.37%
WCRX Warner Chilcott plc 0.08%
LUV Southwest Airlines Co. -0.45%
HSP Hospira Inc. -0.72%
EJ E-House (China) Holdings Limited -2.16%
