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 6, 2012.
Ticker Company MDC MDC Holdings Inc.
THC Tenet Healthcare Corp.
BID Sotheby's
BGC General Cable Corp.
SCS Steelcase Inc.
SKS Saks Incorporated
ANR Alpha Natural Resources, Inc.
GLW Corning Inc.
JNS Janus Capital Group, Inc.
RP RealPage, Inc.
HES Hess Corporation
COLM Columbia Sportswear Company
VC Visteon Corp.
TTI TETRA Technologies Inc.
ERIC LM Ericsson Telephone Co.
ENOC EnerNOC, Inc.
LPSN LivePerson Inc.
SMTC Semtech Corp.
CENX Century Aluminum Co.
MRCY Mercury Computer Systems, Inc.
LEG Leggett & Platt, Incorporated
SMBL Smart Balance, Inc
TIE Titanium Metals Corporation
CIB Bancolombia S.A.
JCOM j2 Global, Inc.
INFY Infosys Ltd.
ANTH Anthera Pharmaceuticals, Inc.
MAR Marriott International, Inc.
SCHN Schnitzer Steel Industries Inc.
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
WWW Wolverine World Wide Inc.
WBSN Websense, Inc.
PKG Packaging Corp. of America
USTR United Stationers Inc.
MCGC MCG Capital Corporation
CTXS Citrix Systems, Inc.
LLTC Linear Technology Corp.
IMGN Immunogen Inc.
AXP American Express Company
PHG Koninklijke Philips Electronics NV
KOP Koppers Holdings Inc.
DIOD Diodes Incorporated
EVEP EV Energy Partners LP
NDAQ Nasdaq OMX Group Inc.
DB Deutsche Bank AG
CMVT Comverse Technology Inc.
TFSL TFS Financial Corp
GME GameStop Corp.
ORIT Oritani Financial Corp.
