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 July 3, 2012.
Ticker Company YMI YM BioSciences Inc.
CLDX Celldex Therapeutics, Inc.
A Agilent Technologies Inc.
CBG CBRE Group, Inc
FCEL FuelCell Energy Inc.
BWC The Babcock & Wilcox Company
MGM MGM Resorts International
LYV Live Nation Entertainment, Inc.
IRE The Governor and Company of The Bank of Ireland
GGB Gerdau S.A.
ISIL Intersil Corporation
CAH Cardinal Health, Inc.
ELN Elan Corporation, plc
NRG NRG Energy, Inc.
FDX FedEx Corporation
FSC Fifth Street Finance Corp.
BCE BCE, Inc.
KFT Kraft Foods Inc.
AES The AES Corporation
LCRY LeCroy Corp.
OPK Opko Health, Inc.
TSN Tyson Foods Inc.
IO ION Geophysical Corporation
ABC AmerisourceBergen Corporation
HAS Hasbro Inc.
PHG Koninklijke Philips Electronics NV
BRKR Bruker Corporation
FIRE Sourcefire, Inc.
