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 22, 2012.
Ticker Company KONG Kongzhong Corp.
WSH Willis Group Holdings Public Limited Company
ANN ANN INC
EXK Endeavour Silver Corp.
RGLD Royal Gold, Inc.
INFY Infosys Ltd.
CDE Coeur d'Alene Mines Corporation
LEAP Leap Wireless International Inc.
LEG Leggett & Platt, Incorporated
NG NovaGold Resources Inc.
AON Aon Corporation
AXP American Express Company
MSFT Microsoft Corporation
TIE Titanium Metals Corporation
CTXS Citrix Systems, Inc.
UNM Unum Group
CAH Cardinal Health, Inc.
CPN Calpine Corp.
NDAQ Nasdaq OMX Group Inc.
TV Grupo Televisa, S.A.B.
CENX Century Aluminum Co.
GLW Corning Inc.
GME GameStop Corp.
BID Sotheby's
CY Cypress Semiconductor Corporation
PHG Koninklijke Philips Electronics NV
ERIC LM Ericsson Telephone Co.
