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 23, 2012.
Ticker Company LEAP Leap Wireless International Inc.
ERIC LM Ericsson Telephone Co.
RIC Richmont Mines Inc.
EXK Endeavour Silver Corp.
LEG Leggett & Platt, Incorporated
GME GameStop Corp.
CENX Century Aluminum Co.
PHG Koninklijke Philips Electronics NV
CDE Coeur d'Alene Mines Corporation
TIE Titanium Metals Corporation
CAH Cardinal Health, Inc.
AON Aon Corporation
NDAQ Nasdaq OMX Group Inc.
WSH Willis Group Holdings Public Limited Company
NG NovaGold Resources Inc.
CPN Calpine Corp.
CY Cypress Semiconductor Corporation
MSFT Microsoft Corporation
ANN ANN INC
GLW Corning Inc.
UNM Unum Group
AXP American Express Company
TV Grupo Televisa, S.A.B.
INFY Infosys Ltd.
