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 30, 2012.
Ticker Company CIB Bancolombia S.A.
CRK Comstock Resources Inc.
AZC Augusta Resource Corp.
ERIC LM Ericsson Telephone Co.
DELL Dell Inc.
WWW Wolverine World Wide Inc.
MSFT Microsoft Corporation
RGLD Royal Gold, Inc.
APC Anadarko Petroleum Corporation
ITG Investment Technology Group Inc.
CHMT Chemtura Corporation
SCS Steelcase Inc.
KKR Kohlberg Kravis Roberts & Co.
CMVT Comverse Technology Inc.
CPB Campbell Soup Co.
IMGN Immunogen Inc.
MAR Marriott International, Inc.
SYK Stryker Corp.
PDS Precision Drilling Corporation
PKG Packaging Corp. of America
VNR Vanguard Natural Resources, LLC
SKS Saks Incorporated
ANN ANN INC
UTX United Technologies Corp.
INFY Infosys Ltd.
BID Sotheby's
TTI TETRA Technologies Inc.
AUY Yamana Gold, Inc.
CTXS Citrix Systems, Inc.
VC Visteon Corp.
ICA Empresas ICA, S.A.B. de C.V.
MRCY Mercury Computer Systems, Inc.
AVB Avalonbay Communities Inc.
CHT Chunghwa Telecom Co. Ltd.
GDOT Green Dot Corporation
ITC ITC Holdings Corp.
TOT Total SA
EQR Equity Residential
PEP Pepsico, Inc.
DVN Devon Energy Corporation
ARQL ArQule Inc.
CXW Corrections Corporation of America
ADI Analog Devices Inc.
ARE Alexandria Real Estate Equities Inc.
