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 QLTI QLT Inc.
TSRI TSR Inc.
AKO-A Embotelladora Andina S.A.
AFOP Alliance Fiber Optic Products Inc.
NWPX Northwest Pipe Co.
FST Forest Oil Corp.
BID Sotheby's
ANR Alpha Natural Resources, Inc.
KONG Kongzhong Corp.
RBNF Rurban Financial Corp.
CKX CKX Lands Inc.
NEWS NewStar Financial, Inc.
TTI TETRA Technologies Inc.
EGAN eGain Communications Corp.
DVN Devon Energy Corporation
PDO Pyramid Oil Company
SAL Salisbury Bancorp Inc.
ITC ITC Holdings Corp.
HES Hess Corporation
NDAQ Nasdaq OMX Group Inc.
GLW Corning Inc.
DTSI DTS Inc.
CTXS Citrix Systems, Inc.
ANN ANN INC
BT BT Group plc
LEG Leggett & Platt, Incorporated
CXPO Crimson Exploration Inc.
RPRX Repros Therapeutics Inc.
BWINB Baldwin & Lyons Inc.
TAC TransAlta Corp.
PGH Pengrowth Energy Corporation
ESP Espey Manufacturing & Electronics Corp.
CMVT Comverse Technology Inc.
EEI Ecology & Environment, Inc.
AMS American Shared Hospital Services
POWR PowerSecure International, Inc.
CXW Corrections Corporation of America
PHG Koninklijke Philips Electronics NV
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
COLM Columbia Sportswear Company
ADM Archer Daniels Midland Company
BOOT Lacrosse Footwear Inc.
ICA Empresas ICA, S.A.B. de C.V.
TUC Mac-Gray Corp.
SYK Stryker Corp.
ROMA Roma Financial Corp.
MVC MVC Capital, Inc.
MAR Marriott International, Inc.
MR Mindray Medical International Limited
NHTB New Hampshire Thrift Bancshares Inc.
UMH UMH Properties Inc.
