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 17, 2012.
Ticker Company PNK Pinnacle Entertainment Inc.
ENI Enersis S.A.
NILE Blue Nile Inc.
EXH Exterran Holdings, Inc.
PLX Protalix BioTherapeutics, Inc.
RDK Ruddick Corp.
ENOC EnerNOC, Inc.
TV Grupo Televisa, S.A.B.
QLTI QLT Inc.
PHG Koninklijke Philips Electronics NV
ERIC LM Ericsson Telephone Co.
ANN ANN INC
CIB Bancolombia S.A.
ITG Investment Technology Group Inc.
AVAV AeroVironment, Inc.
RBN Robbins & Myers Inc.
SGNT Sagent Pharmaceuticals, Inc.
UNM Unum Group
GTE Gran Tierra Energy, Inc.
CXW Corrections Corporation of America
LEG Leggett & Platt, Incorporated
RIC Richmont Mines Inc.
GME GameStop Corp.
OCN Ocwen Financial Corp.
GAS AGL Resources Inc.
HES Hess Corporation
STE Steris Corp.
AEC Associated Estates Realty Corp.
INFY Infosys Ltd.
NDAQ Nasdaq OMX Group Inc.
GLW Corning Inc.
BID Sotheby's
AON Aon Corporation
RBCN Rubicon Technology, Inc.
AXP American Express Company
WSH Willis Group Holdings Public Limited Company
MSFT Microsoft Corporation
PAL North American Palladium Ltd.
LEI Lucas Energy, Inc.
ITC ITC Holdings Corp.
EVEP EV Energy Partners LP
TIE Titanium Metals Corporation
CAH Cardinal Health, Inc.
CDE Coeur d'Alene Mines Corporation
JCOM j2 Global, Inc.
NRP Natural Resource Partners LP
