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Thursday, October 4, 2012

Stocks to Watch Bullish Wedge Pattern on October 5, 2012

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.

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 4, 2012.

Ticker     Company     
HOTT    Hot Topic Inc.
FSLR    First Solar, Inc.
RIG    Transocean Ltd.
HWD    Harry Winston Diamond Corporation
CAMP    CalAmp Corp.
AXP    American Express Company
IO    ION Geophysical Corporation
STT    State Street Corp.
VSI    Vitamin Shoppe, Inc.
ABMD    Abiomed Inc.
TGI    Triumph Group, Inc.
POT    Potash Corp. of Saskatchewan, Inc.
WCRX    Warner Chilcott plc
LYV    Live Nation Entertainment, Inc.
CHKP    Check Point Software Technologies Ltd.
PLAB    Photronics Inc.
CPN    Calpine Corp.
LUV    Southwest Airlines Co.
PWRD    Perfect World Co., Ltd.
UPL    Ultra Petroleum Corp.
BPL    Buckeye Partners LP


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