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 18, 2012.
Ticker Company IDTI Integrated Device Technology, Inc.
AVT Avnet Inc.
ING ING Groep NV
ADI Analog Devices Inc.
SMTC Semtech Corp.
ARQL ArQule Inc.
MS Morgan Stanley
BGC General Cable Corp.
CLNE Clean Energy Fuels Corp.
DB Deutsche Bank AG
PDS Precision Drilling Corporation
BCS Barclays PLC
HES Hess Corporation
ERIC LM Ericsson Telephone Co.
CRK Comstock Resources Inc.
BRY Berry Petroleum Co.
GME GameStop Corp.
ABB ABB Ltd.
FLIR FLIR Systems, Inc.
BBL BHP Billiton plc
PHG Koninklijke Philips Electronics NV
MR Mindray Medical International Limited
MET MetLife, Inc.
BLC Belo Corp.
LXP Lexington Realty Trust
AMKR Amkor Technology, Inc.
THC Tenet Healthcare Corp.
BID Sotheby's
CYH Community Health Systems, Inc.
DELL Dell Inc.
CPWR Compuware Corporation
CRZO Carrizo Oil & Gas Inc.
TIE Titanium Metals Corporation
JCI Johnson Controls Inc.
ANR Alpha Natural Resources, Inc.
HRS Harris Corp.
CA CA Technologies
BEE Strategic Hotels & Resorts, Inc.
LRY Liberty Property Trust
CMVT Comverse Technology Inc.
FST Forest Oil Corp.
ADP Automatic Data Processing, Inc.
EOG EOG Resources, Inc.
OMC Omnicom Group Inc.
HOG Harley-Davidson, Inc.
PCL Plum Creek Timber Co. Inc.
BC Brunswick Corporation
DVN Devon Energy Corporation
UTX United Technologies Corp.
MAR Marriott International, Inc.
