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 June 7, 2012.
Ticker Company CALX Calix Inc.
MR Mindray Medical International Limited
DOLE Dole Food Company Inc.
AER AerCap Holdings N.V.
OPK Opko Health, Inc.
CAH Cardinal Health, Inc.
CSX CSX Corp.
OILT Oiltanking Partners, L.P.
GXP Great Plains Energy Incorporated
YHOO Yahoo! Inc.
WLP WellPoint Inc.
ALTE Alterra Capital Holdings Limited
WPP Wausau Paper Corp.
PVA Penn Virginia Corporation
GOOG Google Inc.
KSS Kohl's Corp.
MTN Vail Resorts Inc.
FSC Fifth Street Finance Corp.
ABC AmerisourceBergen Corporation
MCRL Micrel Inc.
BRS Bristow Group, Inc.
EXEL Exelixis, Inc.
SLXP Salix Pharmaceuticals Ltd.
EIG Employers Holdings, Inc.
AINV Apollo Investment Corporation
ISIL Intersil Corporation
STRC SRI Surgical Express Inc.
THRX Theravance Inc.
CLDX Celldex Therapeutics, Inc.
WPX WPX Energy, Inc.
