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 8, 2012.
Ticker Company GME GameStop Corp.
DB Deutsche Bank AG
CENX Century Aluminum Co.
ADM Archer Daniels Midland Company
BID Sotheby's
CIB Bancolombia S.A.
GDOT Green Dot Corporation
UNM Unum Group
NDAQ Nasdaq OMX Group Inc.
PKG Packaging Corp. of America
AON Aon Corporation
EBAY eBay Inc.
WWW Wolverine World Wide Inc.
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
THC Tenet Healthcare Corp.
CTXS Citrix Systems, Inc.
MDC MDC Holdings Inc.
MR Mindray Medical International Limited
BGC General Cable Corp.
ENI Enersis S.A.
MSFT Microsoft Corporation
ADI Analog Devices Inc.
OCN Ocwen Financial Corp.
GLW Corning Inc.
SCS Steelcase Inc.
DVN Devon Energy Corporation
PGH Pengrowth Energy Corporation
MAR Marriott International, Inc.
TLT iShares Barclays 20+ Year Treas Bond
LLTC Linear Technology Corp.
CAH Cardinal Health, Inc.
CHW Calamos Global Dynamic Income Fund
SKS Saks Incorporated
FMX Fomento Econ
LEG Leggett & Platt, Incorporated
