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.
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Below these are the Bullish Wedge Pattern stocks on December 27, 2011
Ticker Company HR Healthcare Realty Trust Inc.
SCI Service Corp. International
RJF Raymond James Financial Inc.
KKR Kohlberg Kravis Roberts & Co.
ELN Elan Corporation, plc
ADI Analog Devices Inc.
CRUS Cirrus Logic Inc.
OMC Omnicom Group Inc.
HXL Hexcel Corp.
MAR Marriott International, Inc.
NXPI NXP Semiconductors NV
DVN Devon Energy Corporation
INFA Informatica Corporation
MET MetLife, Inc.
REG Regency Centers Corporation
SI Siemens AG
AVT Avnet Inc.
ASBC Associated Banc-Corp
SFY Swift Energy Co.
FULT Fulton Financial Corporation
BLL Ball Corporation
BEN Franklin Resources Inc.
NOC Northrop Grumman Corporation
VLY Valley National Bancorp
RCL Royal Caribbean Cruises Ltd.
HRS Harris Corp.
PCL Plum Creek Timber Co. Inc.
CFN CareFusion Corporation
STO Statoil ASA
UL Unilever plc
MSFT Microsoft Corporation
CCI Crown Castle International Corp.
AUXL Auxilium Pharmaceuticals Inc.
BBT BB&T Corporation
ADSK Autodesk, Inc.
TIE Titanium Metals Corporation
LINTA Liberty Interactive, Inc.