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Friday, October 5, 2012

Stocks to Watch Bullish Wedge Pattern on October 8, 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.

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Below these are the Bullish Wedge Pattern stocks on October 5, 2012.

Ticker     Company     
LYV    Live Nation Entertainment, Inc.
TGI    Triumph Group, Inc.
EJ    E-House (China) Holdings Limited
RTI    RTI International Metals, Inc.
CPN    Calpine Corp.
ENB    Enbridge Inc.
PWRD    Perfect World Co., Ltd.
AXP    American Express Company
POT    Potash Corp. of Saskatchewan, Inc.
CHKP    Check Point Software Technologies Ltd.
POST    Post Holdings, Inc.
CNX    CONSOL Energy Inc.
PLAB    Photronics Inc.
FOLD    Amicus Therapeutics, Inc.
WCRX    Warner Chilcott plc
ABMD    Abiomed Inc.
BPL    Buckeye Partners LP
STT    State Street Corp.
UPL    Ultra Petroleum Corp.
HWD    Harry Winston Diamond Corporation
IO    ION Geophysical Corporation
LUV    Southwest Airlines Co.
BIRT    Actuate Corporation
RIG    Transocean Ltd.
VSI    Vitamin Shoppe, Inc.
FSLR    First Solar, Inc.


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