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 October 3, 2012.
Ticker Company CAMP CalAmp Corp.
USAT USA Technologies Inc.
LUV Southwest Airlines Co.
FDX FedEx Corporation
ATLS Atlas Energy, L.P
HOTT Hot Topic Inc.
GMAN Gordmans Stores, Inc.
VSI Vitamin Shoppe, Inc.
PWRD Perfect World Co., Ltd.
HWD Harry Winston Diamond Corporation
RUTH Ruth's Hospitality Group Inc.
CMP Compass Minerals International Inc.
SURG Synergetics USA, Inc.
FOLD Amicus Therapeutics, Inc.
POST Post Holdings, Inc.
ABV Companhia de Bebidas Das Americas (AMBEV)
AMCC Applied Micro Circuits Corp.
UHS Universal Health Services Inc.
HIW Highwoods Properties Inc.
PLAB Photronics Inc.
EBS Emergent BioSolutions, Inc.
HTSI Harris Teeter Supermarkets, Inc.
ABAX Abaxis Inc.
STT State Street Corp.
ATHN athenahealth, Inc.
WCRX Warner Chilcott plc
RECN Resources Connection Inc.
TGI Triumph Group, Inc.
ABMD Abiomed Inc.
BPL Buckeye Partners LP
PRLB Proto Labs, Inc.
IO ION Geophysical Corporation
RIG Transocean Ltd.
EJ E-House (China) Holdings Limited
COLM Columbia Sportswear Company
POT Potash Corp. of Saskatchewan, Inc.
UPL Ultra Petroleum Corp.
RTI RTI International Metals, Inc.
LYV Live Nation Entertainment, Inc.
FSLR First Solar, Inc.
