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.
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Below these are the Bullish Wedge Pattern stocks on December 9, 2011
Ticker Company MDRX Allscripts Healthcare Solutions, Inc.
AZPN Aspen Technology, Inc.
USG USG Corporation
FNSR Finisar Corp.
NWSA News Corp.
HCN Health Care REIT Inc.
WCC WESCO International Inc.
MA Mastercard Incorporated
QCOM QUALCOMM Incorporated
PGN Progress Energy Inc.
ACC American Campus Communities Inc.
HANS Hansen Natural Corporation
NFP National Financial Partners Corp.
AEE Ameren Corporation
ATO Atmos Energy Corporation
V Visa, Inc.
UIL UIL Holdings Corporation
NVDA NVIDIA Corporation
SNPS Synopsys Inc.
FSC Fifth Street Finance Corp.
VGR Vector Group Ltd.
LMT Lockheed Martin Corporation
CMG Chipotle Mexican Grill, Inc.
CSE CapitalSource Inc.
FE FirstEnergy Corp.
AU AngloGold Ashanti Ltd.
BCE BCE, Inc.
NGG National Grid plc
IACI IAC/InterActiveCorp.
CASY Casey's General Stores Inc.
GSK GlaxoSmithKline plc
COST Costco Wholesale Corporation