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.
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Below these are the Bullish Wedge Pattern stocks on June 25, 2012.
Ticker Company FC Franklin Covey Co.
PPP Primero Mining Corp.
STRA Strayer Education Inc.
OPK Opko Health, Inc.
SSW Seaspan Corp.
ECHO Echo Global Logistics, Inc.
KSS Kohl's Corp.
EIG Employers Holdings, Inc.
LGF Lions Gate Entertainment Corp.
FSC Fifth Street Finance Corp.
CLDX Celldex Therapeutics, Inc.
FXEN FX Energy Inc.
ABC AmerisourceBergen Corporation
VOLC Volcano Corporation
NCMI National CineMedia, Inc.
GLUU Glu Mobile, Inc.
PRXL PAREXEL International Corporation
COLM Columbia Sportswear Company
WSH Willis Group Holdings Public Limited Company
CRI Carter's, Inc.
OGE OGE Energy Corp.
GNRC Generac Holdings Inc.
CAH Cardinal Health, Inc.
EXEL Exelixis, Inc.
MCRL Micrel Inc.
BWC The Babcock & Wilcox Company
OSG Overseas Shipholding Group Inc.
AYI Acuity Brands, Inc.
LRN K12, Inc.
LYV Live Nation Entertainment, Inc.
NDSN Nordson Corporation
IO ION Geophysical Corporation
ISIL Intersil Corporation
BRKR Bruker Corporation
ZOOM ZOOM Technologies, Inc.
LIVE LiveDeal, Inc.