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 15, 2012.
Ticker Company PNK Pinnacle Entertainment Inc.
HES Hess Corporation
INFY Infosys Ltd.
GTE Gran Tierra Energy, Inc.
BID Sotheby's
JCOM j2 Global, Inc.
CY Cypress Semiconductor Corporation
FLIR FLIR Systems, Inc.
UNM Unum Group
FMX Fomento Econ
CXW Corrections Corporation of America
CTXS Citrix Systems, Inc.
GLW Corning Inc.
CPB Campbell Soup Co.
LEG Leggett & Platt, Incorporated
PKG Packaging Corp. of America
ADM Archer Daniels Midland Company
OCN Ocwen Financial Corp.
PHG Koninklijke Philips Electronics NV
CPN Calpine Corp.
CDE Coeur d'Alene Mines Corporation
NDAQ Nasdaq OMX Group Inc.
AON Aon Corporation
MSFT Microsoft Corporation
EXK Endeavour Silver Corp.
GME GameStop Corp.
AXP American Express Company
TIE Titanium Metals Corporation
ERIC LM Ericsson Telephone Co.
CAH Cardinal Health, Inc.
OPK Opko Health, Inc.
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
EXH Exterran Holdings, Inc.
ANN ANN INC
CENX Century Aluminum Co.
NG NovaGold Resources Inc.
WSH Willis Group Holdings Public Limited Company
