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 11, 2012.
Ticker Company QTM Quantum Corporation
UHS Universal Health Services Inc.
C Citigroup, Inc.
SHOO Steven Madden, Ltd.
CATY Cathay General Bancorp
MET MetLife, Inc.
ING ING Groep NV
ICA Empresas ICA, S.A.B. de C.V.
SFI iStar Financial Inc.
AEGN Aegion Corporation
AXL American Axle & Manufacturing Holdings Inc.
CRUS Cirrus Logic Inc.
FCX Freeport-McMoRan Copper & Gold Inc.
AUO AU Optronics Corp.
IO ION Geophysical Corporation
KOP Koppers Holdings Inc.
CAB Cabela's Inc.
IDTI Integrated Device Technology, Inc.
BEE Strategic Hotels & Resorts, Inc.
RF Regions Financial Corp.
REG Regency Centers Corporation
DB Deutsche Bank AG
IMMU Immunomedics Inc.
WWW Wolverine World Wide Inc.
IIVI II-VI Inc.
RIC Richmont Mines Inc.
UEC Uranium Energy Corp.
PCL Plum Creek Timber Co. Inc.
THC Tenet Healthcare Corp.
SYK Stryker Corp.
KKR Kohlberg Kravis Roberts & Co.
NMM Navios Maritime Partners L.P.
EQY Equity One Inc.
CNK Cinemark Holdings Inc.
MS Morgan Stanley
TIE Titanium Metals Corporation
CIB Bancolombia S.A.
CPWR Compuware Corporation
CHMT Chemtura Corporation
CWT California Water Service Group
ARE Alexandria Real Estate Equities Inc.
MAR Marriott International, Inc.
LRY Liberty Property Trust
CCK Crown Holdings Inc.
QLIK Qlik Technologies, Inc.
UTX United Technologies Corp.
BID Sotheby's
LINTA Liberty Interactive, Inc.
LEI Lucas Energy, Inc.
