Rising Wedge
Conversely, a rising wedge is a bearish pattern that signals that the security is likely to head in a downward direction. The trendlines of this pattern converge, with both trendlines 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 trendlines 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 trendlines of this pattern converge, with both trendlines 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 trendlines 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 December 8, 2011
Ticker Company BCE BCE, Inc.
ITC ITC Holdings Corp.
SNPS Synopsys Inc.
GSK GlaxoSmithKline plc
HANS Hansen Natural Corporation
CMG Chipotle Mexican Grill, Inc.
AZPN Aspen Technology, Inc.
QCOM QUALCOMM Incorporated
FL Foot Locker, Inc.
IACI IAC/InterActiveCorp.
NGG National Grid plc
VGR Vector Group Ltd.
PGN Progress Energy Inc.
AEE Ameren Corporation
UIL UIL Holdings Corporation
HCN Health Care REIT Inc.
EVEP EV Energy Partners LP
V Visa, Inc.
MA Mastercard Incorporated
LMT Lockheed Martin Corporation
BWLD Buffalo Wild Wings Inc.
ATO Atmos Energy Corporation
FRT Federal Realty Investment Trust
FE FirstEnergy Corp.
PSMT PriceSmart Inc.
CASY Casey's General Stores Inc.
TCLP TC Pipelines LP
ACC American Campus Communities Inc.
NWE Northwestern Corp.
LTC LTC Properties Inc.
FNSR Finisar Corp.
AU AngloGold Ashanti Ltd.
NWSA News Corp.
NVDA NVIDIA Corporation
AWR American States Water Company
FSC Fifth Street Finance Corp.
CSE CapitalSource Inc.
BWC The Babcock & Wilcox Company
MDRX Allscripts Healthcare Solutions, Inc.
GB Greatbatch, Inc.
USG USG Corporation
TNGO Tangoe, Inc.
