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 September 13, 2012.
Ticker Company IRWD Ironwood Pharmaceuticals Inc.
WWWW Web.com Group, Inc.
HOTT Hot Topic Inc.
AXP American Express Company
CMA Comerica Incorporated
LGF Lions Gate Entertainment Corp.
PII Polaris Industries, Inc.
ABV Companhia de Bebidas Das Americas (AMBEV)
BMS Bemis Company, Inc.
VNO Vornado Realty Trust
MA Mastercard Incorporated
UHS Universal Health Services Inc.
EFX Equifax Inc.
FDX FedEx Corporation
DRE Duke Realty Corp.
IRE The Governor and Company of The Bank of Ireland
TITN Titan Machinery, Inc.
PIR Pier 1 Imports, Inc.
AHL Aspen Insurance Holdings Ltd.
TWI Titan International Inc.
FII Federated Investors, Inc.
FNF Fidelity National Financial, Inc.
THC Tenet Healthcare Corp.
SHLD Sears Holdings Corporation
RFMD RF Micro Devices Inc.
MIPS MIPS Technologies Inc.
