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 February 3, 2012.
Ticker Company MDC MDC Holdings Inc.
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
CENX Century Aluminum Co.
PDS Precision Drilling Corporation
AUY Yamana Gold, Inc.
FST Forest Oil Corp.
TIE Titanium Metals Corporation
APC Anadarko Petroleum Corporation
CTXS Citrix Systems, Inc.
BBL BHP Billiton plc
OCN Ocwen Financial Corp.
MR Mindray Medical International Limited
AXP American Express Company
ENI Enersis S.A.
TOT Total SA
CPB Campbell Soup Co.
CIB Bancolombia S.A.
CYH Community Health Systems, Inc.
MSFT Microsoft Corporation
DVN Devon Energy Corporation
THC Tenet Healthcare Corp.
ADI Analog Devices Inc.
INFY Infosys Ltd.
GME GameStop Corp.
MAR Marriott International, Inc.
PEP Pepsico, Inc.
LLTC Linear Technology Corp.
ADM Archer Daniels Midland Company
JNS Janus Capital Group, Inc.
SYK Stryker Corp.
UHS Universal Health Services Inc.
DB Deutsche Bank AG
NDAQ Nasdaq OMX Group Inc.
EQR Equity Residential
FLIR FLIR Systems, Inc.
PHG Koninklijke Philips Electronics NV
RGLD Royal Gold, Inc.
SKS Saks Incorporated
ERIC LM Ericsson Telephone Co.
ANN ANN INC
NG NovaGold Resources Inc.
