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 January 9, 2012.
Ticker Company JAZZ Jazz Pharmaceuticals, Inc.
MR Mindray Medical International Limited
SFI iStar Financial Inc.
IPXL Impax Laboratories Inc.
BGC General Cable Corp.
CRUS Cirrus Logic Inc.
BID Sotheby's
IDTI Integrated Device Technology, Inc.
IIVI II-VI Inc.
ING ING Groep NV
BBT BB&T Corporation
SCS Steelcase Inc.
THC Tenet Healthcare Corp.
ADI Analog Devices Inc.
MS Morgan Stanley
ABB ABB Ltd.
C Citigroup, Inc.
SMTC Semtech Corp.
VLY Valley National Bancorp
GDP Goodrich Petroleum Corp.
DELL Dell Inc.
PHG Koninklijke Philips Electronics NV
CYN City National Corp.
KKR Kohlberg Kravis Roberts & Co.
MAR Marriott International, Inc.
MSM MSC Industrial Direct Co. Inc.
PKG Packaging Corp. of America
BLC Belo Corp.
CPB Campbell Soup Co.
HXL Hexcel Corp.
ERIC LM Ericsson Telephone Co.
PBY Pep Boys - Manny, Moe & Jack
MET MetLife, Inc.
CNK Cinemark Holdings Inc.
FLIR FLIR Systems, Inc.
NTRS Northern Trust Corporation
HBAN Huntington Bancshares Incorporated
ESRX Express Scripts Inc.
PNC PNC Financial Services Group Inc.
HRS Harris Corp.
SI Siemens AG
IO ION Geophysical Corporation
WLP WellPoint Inc.
NOR Noranda Aluminum Holding Corp.
HLIT Harmonic Inc.
SYK Stryker Corp.
STO Statoil ASA
RJF Raymond James Financial Inc.
TIE Titanium Metals Corporation
BBL BHP Billiton plc
