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 13, 2012.
Ticker Company SXC SunCoke Energy Inc.
FNGN Financial Engines, Inc.
CLNE Clean Energy Fuels Corp.
CA CA Technologies
SFI iStar Financial Inc.
ING ING Groep NV
AUY Yamana Gold, Inc.
BC Brunswick Corporation
BCS Barclays PLC
DB Deutsche Bank AG
BRY Berry Petroleum Co.
MCO Moody's Corp.
MAR Marriott International, Inc.
IDTI Integrated Device Technology, Inc.
CSTR Coinstar, Inc.
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
HOG Harley-Davidson, Inc.
FLIR FLIR Systems, Inc.
IP International Paper Co.
FCX Freeport-McMoRan Copper & Gold Inc.
ABB ABB Ltd.
BBL BHP Billiton plc
OMC Omnicom Group Inc.
IO ION Geophysical Corporation
JCI Johnson Controls Inc.
XL XL Group plc
BEE Strategic Hotels & Resorts, Inc.
HRS Harris Corp.
TIE Titanium Metals Corporation
SI Siemens AG
ADI Analog Devices Inc.
BID Sotheby's
C Citigroup, Inc.
LXP Lexington Realty Trust
VLY Valley National Bancorp
MSFT Microsoft Corporation
CPB Campbell Soup Co.
STO Statoil ASA
DELL Dell Inc.
CCK Crown Holdings Inc.
BGC General Cable Corp.
PCL Plum Creek Timber Co. Inc.
XEC Cimarex Energy Co.
UTX United Technologies Corp.
EOG EOG Resources, Inc.
ADP Automatic Data Processing, Inc.
NTRS Northern Trust Corporation
