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 27, 2012.
Ticker Company GTE Gran Tierra Energy, Inc.
LEAP Leap Wireless International Inc.
OPK Opko Health, Inc.
GME GameStop Corp.
BRS Bristow Group, Inc.
ANN ANN INC
AXP American Express Company
RECN Resources Connection Inc.
VLO Valero Energy Corporation
NDAQ Nasdaq OMX Group Inc.
UNM Unum Group
CTXS Citrix Systems, Inc.
TV Grupo Televisa, S.A.B.
EVEP EV Energy Partners LP
LEG Leggett & Platt, Incorporated
AON Aon Corporation
HSNI HSN, Inc.
TIE Titanium Metals Corporation
ABC AmerisourceBergen Corporation
CPN Calpine Corp.
FMX Fomento Econ
MSFT Microsoft Corporation
CAH Cardinal Health, Inc.
RDK Ruddick Corp.
RBN Robbins & Myers Inc.
PNK Pinnacle Entertainment Inc.
RGLD Royal Gold, Inc.
PHG Koninklijke Philips Electronics NV
CY Cypress Semiconductor Corporation
CDE Coeur d'Alene Mines Corporation
BID Sotheby's
AEC Associated Estates Realty Corp.
WSH Willis Group Holdings Public Limited Company
TDS Telephone & Data Systems Inc.
EXK Endeavour Silver Corp.
GLW Corning Inc.
ARGN Amerigon Inc.
ITG Investment Technology Group Inc.
RIC Richmont Mines Inc.
INFY Infosys Ltd.
ENOC EnerNOC, Inc.
BHI Baker Hughes Incorporated
NG NovaGold Resources Inc.
