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 9, 2012.
Ticker Company CPIX Cumberland Pharmaceuticals, Inc.
HES Hess Corporation
JNS Janus Capital Group, Inc.
GDOT Green Dot Corporation
ADM Archer Daniels Midland Company
CENX Century Aluminum Co.
GAME Shanda Games Limited
AXP American Express Company
ANR Alpha Natural Resources, Inc.
FLIR FLIR Systems, Inc.
PGH Pengrowth Energy Corporation
PHG Koninklijke Philips Electronics NV
INFY Infosys Ltd.
CTXS Citrix Systems, Inc.
NG NovaGold Resources Inc.
ENI Enersis S.A.
MR Mindray Medical International Limited
CXW Corrections Corporation of America
CPB Campbell Soup Co.
ANN ANN INC
EBAY eBay Inc.
DB Deutsche Bank AG
DVN Devon Energy Corporation
GLW Corning Inc.
ADI Analog Devices Inc.
TIE Titanium Metals Corporation
LLTC Linear Technology Corp.
PKG Packaging Corp. of America
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
MSFT Microsoft Corporation
ERIC LM Ericsson Telephone Co.
AON Aon Corporation
CTSH Cognizant Technology Solutions Corporation
GAS AGL Resources Inc.
OCN Ocwen Financial Corp.
SKS Saks Incorporated
MAR Marriott International, Inc.
PNK Pinnacle Entertainment Inc.
