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 16, 2012.
Ticker Company CENX Century Aluminum Co.
CDE Coeur d'Alene Mines Corporation
MSFT Microsoft Corporation
BRS Bristow Group, Inc.
ERIC LM Ericsson Telephone Co.
RGLD Royal Gold, Inc.
AXP American Express Company
NG NovaGold Resources Inc.
PHG Koninklijke Philips Electronics NV
FLIR FLIR Systems, Inc.
GLW Corning Inc.
NDAQ Nasdaq OMX Group Inc.
AAN Aaron's, Inc.
PNK Pinnacle Entertainment Inc.
CTXS Citrix Systems, Inc.
EXH Exterran Holdings, Inc.
JCOM j2 Global, Inc.
FMX Fomento Econ
OCN Ocwen Financial Corp.
LEG Leggett & Platt, Incorporated
CY Cypress Semiconductor Corporation
TIE Titanium Metals Corporation
HES Hess Corporation
INFY Infosys Ltd.
GTE Gran Tierra Energy, Inc.
GME GameStop Corp.
CPN Calpine Corp.
ANN ANN INC
CAH Cardinal Health, Inc.
UNM Unum Group
CPB Campbell Soup Co.
ADM Archer Daniels Midland Company
CXW Corrections Corporation of America
BID Sotheby's
EXK Endeavour Silver Corp.
OPK Opko Health, Inc.
AON Aon Corporation
WSH Willis Group Holdings Public Limited Company
PLX Protalix BioTherapeutics, Inc.
