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 16, 2011
Ticker Company CAS AM Castle & Co.
AXL American Axle & Manufacturing Holdings Inc.
TTI TETRA Technologies Inc.
HLIT Harmonic Inc.
LAYN Layne Christensen Co.
MPEL Melco Crown Entertainment Ltd.
RAS RAIT Financial Trust
VMI Valmont Industries, Inc.
CSE CapitalSource Inc.
SCS Steelcase Inc.
UNT Unit Corp.
MTW Manitowoc Co. Inc.
BWLD Buffalo Wild Wings Inc.
WWWW Web.com Group, Inc.
ARI Apollo Commercial Real Estate Finance, Inc.
DNR Denbury Resources Inc.
KKR Kohlberg Kravis Roberts & Co.
FCE-A Forest City Enterprises Inc.
NR Newpark Resources Inc.
PDM Piedmont Office Realty Trust Inc.
ELN Elan Corporation, plc
WFT Weatherford International Ltd.
SXC SunCoke Energy Inc.
KBR KBR, Inc.
RECN Resources Connection Inc.
KONA Kona Grill Inc.
BHI Baker Hughes Incorporated
NBR Nabors Industries Ltd.
SXT Sensient Technologies Corporation
PDS Precision Drilling Corporation
SFY Swift Energy Co.
CSX CSX Corp.
TCK Teck Resources Limited
SCHN Schnitzer Steel Industries Inc.
H Hyatt Hotels Corporation
OXY Occidental Petroleum Corporation
UMBF UMB Financial Corporation
ASBC Associated Banc-Corp
LXP Lexington Realty Trust
IO ION Geophysical Corporation
BC Brunswick Corporation
HL Hecla Mining Co.
RCL Royal Caribbean Cruises Ltd.
TAL TAL International Group, Inc.
MSFT Microsoft Corporation
GG Goldcorp Inc.
BBT BB&T Corporation
SHOO Steven Madden, Ltd.
RJF Raymond James Financial Inc.
FULT Fulton Financial Corporation
EQY Equity One Inc.
HAL Halliburton Company
NATI National Instruments Corporation
FMX Fomento Econ
REG Regency Centers Corporation
MKTX MarketAxess Holdings Inc.
GET Gaylord Entertainment Co.
VLY Valley National Bancorp
NSP Insperity, Inc.
INFA Informatica Corporation
BEN Franklin Resources Inc.
RT Ruby Tuesday, Inc.
ARE Alexandria Real Estate Equities Inc.
SLG SL Green Realty Corp.
VGZ Vista Gold Corp.
LHO LaSalle Hotel Properties
WAL Western Alliance Bancorporation
SMTC Semtech Corp.
BRY Berry Petroleum Co.
CY Cypress Semiconductor Corporation
SHLM A. Schulman, Inc.
IDTI Integrated Device Technology, Inc.
ADP Automatic Data Processing, Inc.
HSC Harsco Corporation
LAMR Lamar Advertising Co.
VLTR Volterra Semiconductor Corporation
QLIK Qlik Technologies, Inc.
BEE Strategic Hotels & Resorts, Inc.
UNH Unitedhealth Group, Inc.
CYN City National Corp.
CNK Cinemark Holdings Inc.
SU Suncor Energy Inc.
PPG PPG Industries Inc.
LRY Liberty Property Trust
MAR Marriott International, Inc.
BTU Peabody Energy Corp.
SLB Schlumberger Limited
LYV Live Nation Entertainment, Inc.
KEY KeyCorp
LINTA Liberty Interactive, Inc.
ADTN ADTRAN Inc.
MCO Moody's Corp.
SCCO Southern Copper Corp.
BBL BHP Billiton plc
O Realty Income Corp.
GBCI Glacier Bancorp Inc.
CYH Community Health Systems, Inc.
BPO Brookfield Properties Corporation
DD E. I. du Pont de Nemours and Company
GDP Goodrich Petroleum Corp.
TLM Talisman Energy Inc.
ABV Companhia de Bebidas Das Americas (AMBEV)
NOC Northrop Grumman Corporation
HOT Starwood Hotels & Resorts Worldwide Inc.
CPL CPFL Energia S.A.
LFC China Life Insurance Co. Ltd.
CMI Cummins Inc.
WBS Webster Financial Corp.
RF Regions Financial Corp.
JNJ Johnson & Johnson
CHT Chunghwa Telecom Co. Ltd.
WABC Westamerica Bancorp.
C Citigroup, Inc.
ADSK Autodesk, Inc.
DHR Danaher Corp.
ITRI Itron, Inc.
ABB ABB Ltd.
CCK Crown Holdings Inc.
MHLD Maiden Holdings, Ltd.
RBC Regal Beloit Corporation
GGG Graco Inc.
ADI Analog Devices Inc.
ESRX Express Scripts Inc.
AMKR Amkor Technology, Inc.
HR Healthcare Realty Trust Inc.
T AT&T, Inc.
SI Siemens AG
DVN Devon Energy Corporation
USTR United Stationers Inc.
JCP J. C. Penney Company, Inc.
NXPI NXP Semiconductors NV
BBEP Breitburn Energy Partners L.P.
PEB Pebblebrook Hotel Trust
UFS Domtar Corporation
CACI CACI International Inc.
BP BP plc
GTE Gran Tierra Energy, Inc.
MAXY Maxygen, Inc.
