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 23, 2011
Ticker Company BC Brunswick Corporation
BBEP Breitburn Energy Partners L.P.
WNC Wabash National Corp.
NAV Navistar International Corp.
AKS AK Steel Holding Corporation
GTI GrafTech International Ltd.
AXL American Axle & Manufacturing Holdings Inc.
MGA Magna International, Inc.
BLC Belo Corp.
VSH Vishay Intertechnology Inc.
RCL Royal Caribbean Cruises Ltd.
HOT Starwood Hotels & Resorts Worldwide Inc.
JCI Johnson Controls Inc.
HOG Harley-Davidson, Inc.
INFA Informatica Corporation
WLP WellPoint Inc.
ING ING Groep NV
PSEC Prospect Capital Corporation
DHR Danaher Corp.
SCCO Southern Copper Corp.
ABB ABB Ltd.
CNP CenterPoint Energy, Inc.
AUY Yamana Gold, Inc.
CFN CareFusion Corporation
CNK Cinemark Holdings Inc.
KKR Kohlberg Kravis Roberts & Co.
JCP J. C. Penney Company, Inc.
JNJ Johnson & Johnson
UNH Unitedhealth Group, Inc.
NOC Northrop Grumman Corporation
CSX CSX Corp.
ADSK Autodesk, Inc.
OMC Omnicom Group Inc.
PCL Plum Creek Timber Co. Inc.
MPEL Melco Crown Entertainment Ltd.
CRUS Cirrus Logic Inc.
CMI Cummins Inc.
DCT DCT Industrial Trust Inc.
CCK Crown Holdings Inc.
ADP Automatic Data Processing, Inc.
MAR Marriott International, Inc.
UTX United Technologies Corp.
DELL Dell Inc.
MSFT Microsoft Corporation
BEN Franklin Resources Inc.
MCO Moody's Corp.
HAS Hasbro Inc.
GG Goldcorp Inc.
EMN Eastman Chemical Co.
ADI Analog Devices Inc.
HBAN Huntington Bancshares Inc.
T AT&T, Inc.
WFT Weatherford International Ltd.
STO Statoil ASA
KEY KeyCorp
BCS Barclays PLC
BBT BB&T Corporation
NTRS Northern Trust Corporation
ELN Elan Corporation, plc
BLL Ball Corporation
ABV Companhia de Bebidas Das Americas (AMBEV)
