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 31, 2012.
Ticker Company PDS Precision Drilling Corporation
AXP American Express Company
ERIC LM Ericsson Telephone Co.
DELL Dell Inc.
APC Anadarko Petroleum Corporation
JCOM j2 Global, Inc.
UTX United Technologies Corp.
EQR Equity Residential
TOT Total SA
SYK Stryker Corp.
RRD R.R. Donnelley & Sons Company
SKS Saks Incorporated
ADI Analog Devices Inc.
INFY Infosys Ltd.
AUY Yamana Gold, Inc.
PEP Pepsico, Inc.
DB Deutsche Bank AG
DVN Devon Energy Corporation
ANN ANN INC
BBL BHP Billiton plc
MSFT Microsoft Corporation
THC Tenet Healthcare Corp.
MAR Marriott International, Inc.
JNS Janus Capital Group, Inc.
GME GameStop Corp.
NDAQ Nasdaq OMX Group Inc.
TIE Titanium Metals Corporation
ANR Alpha Natural Resources, Inc.
FST Forest Oil Corp.
ADM Archer Daniels Midland Company
CRK Comstock Resources Inc.
