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 6, 2012.
Ticker Company LNCE Snyder's-Lance, Inc.
FBHS Fortune Brands Home & Security, Inc.
IRE The Governor and Company of The Bank of Ireland
CMA Comerica Incorporated
PII Polaris Industries, Inc.
NATI National Instruments Corporation
DE Deere & Company
WDR Waddell & Reed Financial Inc.
THC Tenet Healthcare Corp.
PIR Pier 1 Imports, Inc.
LGF Lions Gate Entertainment Corp.
MA Mastercard Incorporated
FDX FedEx Corporation
UHS Universal Health Services Inc.
GILD Gilead Sciences Inc.
LIFE Life Technologies Corporation
MIPS MIPS Technologies Inc.
RRD R.R. Donnelley & Sons Company
DRE Duke Realty Corp.
TITN Titan Machinery, Inc.
IRWD Ironwood Pharmaceuticals Inc.
MYGN Myriad Genetics Inc.
TWI Titan International Inc.
VNO Vornado Realty Trust
AXP American Express Company
