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 10, 2012.
Ticker Company CRUS Cirrus Logic Inc.
BID Sotheby's
BCS Barclays PLC
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
ING ING Groep NV
FCX Freeport-McMoRan Copper & Gold Inc.
HL Hecla Mining Co.
DB Deutsche Bank AG
AKS AK Steel Holding Corporation
MR Mindray Medical International Limited
MS Morgan Stanley
AUY Yamana Gold, Inc.
KT KT Corp.
EOG EOG Resources, Inc.
MET MetLife, Inc.
BEE Strategic Hotels & Resorts, Inc.
MAR Marriott International, Inc.
BBL BHP Billiton plc
RJF Raymond James Financial Inc.
XL XL Group plc
C Citigroup, Inc.
UTX United Technologies Corp.
JCI Johnson Controls Inc.
CPWR Compuware Corporation
BGC General Cable Corp.
PNC PNC Financial Services Group Inc.
TIE Titanium Metals Corporation
OMC Omnicom Group Inc.
MCO Moody's Corp.
DELL Dell Inc.
CXW Corrections Corporation of America
WLP WellPoint Inc.
LINTA Liberty Interactive, Inc.
CPB Campbell Soup Co.
NTRS Northern Trust Corporation
SCI Service Corp. International
HOG Harley-Davidson, Inc.
ACAS American Capital, Ltd.
IDTI Integrated Device Technology, Inc.
CA CA Technologies
MSFT Microsoft Corporation
ERIC LM Ericsson Telephone Co.
CJES C&J Energy Services, Inc.
ESRX Express Scripts Inc.
EQR Equity Residential
ABB ABB Ltd.
