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 December 21, 2011
Ticker Company YHOO Yahoo! Inc.
THC Tenet Healthcare Corp.
RT Ruby Tuesday, Inc.
JCP J. C. Penney Company, Inc.
STJ St. Jude Medical Inc.
WCRX Warner Chilcott plc
RAS RAIT Financial Trust
AUY Yamana Gold, Inc.
RF Regions Financial Corp.
HBAN Huntington Bancshares Inc.
ARO Aeropostale, Inc.
PZG Paramount Gold and Silver Corp.
KEY KeyCorp
FE FirstEnergy Corp.
WERN Werner Enterprises Inc.
KT KT Corp.
MAS Masco Corporation
DVN Devon Energy Corporation
CNK Cinemark Holdings Inc.
BTU Peabody Energy Corp.
DSX Diana Shipping Inc.
CHMT Chemtura Corporation
AXL American Axle & Manufacturing Holdings Inc.
LINTA Liberty Interactive, Inc.
ASBC Associated Banc-Corp
BRY Berry Petroleum Co.
PPG PPG Industries Inc.
WDR Waddell & Reed Financial Inc.
WFT Weatherford International Ltd.
TV Grupo Televisa, S.A.B.
DNR Denbury Resources Inc.
SMTC Semtech Corp.
MAR Marriott International, Inc.
CNP CenterPoint Energy, Inc.
HAS Hasbro Inc.
AUXL Auxilium Pharmaceuticals Inc.
LAMR Lamar Advertising Co.
VLY Valley National Bancorp
GTE Gran Tierra Energy, Inc.
CYH Community Health Systems, Inc.
BBEP Breitburn Energy Partners L.P.
BLL Ball Corporation
TTI TETRA Technologies Inc.
BBT BB&T Corporation
HOG Harley-Davidson, Inc.
PCL Plum Creek Timber Co. Inc.
MET MetLife, Inc.
GDP Goodrich Petroleum Corp.
MTW Manitowoc Co. Inc.
BEE Strategic Hotels & Resorts, Inc.
MS Morgan Stanley
SCCO Southern Copper Corp.
JNJ Johnson & Johnson
O Realty Income Corp.
T AT&T, Inc.
NOC Northrop Grumman Corporation
LRY Liberty Property Trust
BGC General Cable Corp.
GGC Georgia Gulf Corp.
BPO Brookfield Properties Corporation
C Citigroup, Inc.
HES Hess Corporation
SU Suncor Energy Inc.
HAR Harman International Industries Inc.
CSE CapitalSource Inc.
SFY Swift Energy Co.
NTRS Northern Trust Corporation
BBL BHP Billiton plc
OMC Omnicom Group Inc.
CYN City National Corp.
HOT Starwood Hotels & Resorts Worldwide Inc.
CSX CSX Corp.
CCK Crown Holdings Inc.
UNH Unitedhealth Group, Inc.
UL Unilever plc
BCS Barclays PLC
PDM Piedmont Office Realty Trust Inc.
MPEL Melco Crown Entertainment Ltd.
SCS Steelcase Inc.
HXL Hexcel Corp.
MCO Moody's Corp.
ADP Automatic Data Processing, Inc.
