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 8, 2012.
Ticker Company OMER Omeros Corporation
DXCM DexCom, Inc.
EXEL Exelixis, Inc.
OPK Opko Health, Inc.
WLP WellPoint Inc.
KSS Kohl's Corp.
SLXP Salix Pharmaceuticals Ltd.
COLM Columbia Sportswear Company
AWI Armstrong World Industries, Inc.
FSC Fifth Street Finance Corp.
YHOO Yahoo! Inc.
CLDX Celldex Therapeutics, Inc.
FSR Flagstone Reinsurance Holdings SA
WPP Wausau Paper Corp.
NCMI National CineMedia, Inc.
SAM Boston Beer Co. Inc.
BKU BankUnited, Inc.
EIG Employers Holdings, Inc.
AINV Apollo Investment Corporation
MG Mistras Group, Inc.
ADVS Advent Software, Inc.
GXP Great Plains Energy Incorporated
CAH Cardinal Health, Inc.
CSX CSX Corp.
AER AerCap Holdings N.V.
GOOG Google Inc.
ABC AmerisourceBergen Corporation
ISIL Intersil Corporation
ALTE Alterra Capital Holdings Limited
MCRL Micrel Inc.
MTN Vail Resorts Inc.
MR Mindray Medical International Limited
THRX Theravance Inc.
DOLE Dole Food Company Inc.
WPX WPX Energy, Inc.
PAA Plains All American Pipeline, L.P.
PVA Penn Virginia Corporation
CALX Calix Inc.