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.
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Below these are the Bullish Wedge Pattern stocks on February 29, 2012.
Ticker Company AMAP AutoNavi Holdings Limited
NWPX Northwest Pipe Co.
TV Grupo Televisa, S.A.B.
GDOT Green Dot Corporation
AVAV AeroVironment, Inc.
WSH Willis Group Holdings Public Limited Company
EVEP EV Energy Partners LP
TFSL TFS Financial Corp
TW Towers Watson & Co.
GTE Gran Tierra Energy, Inc.
CPN Calpine Corp.
AON Aon Corporation
LEG Leggett & Platt, Incorporated
CTXS Citrix Systems, Inc.
AEC Associated Estates Realty Corp.
ARGN Amerigon Inc.
MSFT Microsoft Corporation
NILE Blue Nile Inc.
HSII Heidrick & Struggles International Inc.
MATW Matthews International Corporation
ITG Investment Technology Group Inc.
ABC AmerisourceBergen Corporation
FLO Flowers Foods, Inc.
CIB Bancolombia S.A.
UNM Unum Group
ADVS Advent Software, Inc.
PHG Koninklijke Philips Electronics NV
NDAQ Nasdaq OMX Group Inc.
BRS Bristow Group, Inc.
VLO Valero Energy Corporation
NRP Natural Resource Partners LP
CAH Cardinal Health, Inc.
PLX Protalix BioTherapeutics, Inc.
BID Sotheby's
AXP American Express Company
HSNI HSN, Inc.
RECN Resources Connection Inc.
TIE Titanium Metals Corporation
STRL Sterling Construction Co. Inc.
FDP Fresh Del Monte Produce Inc.
GLW Corning Inc.
GME GameStop Corp.
MRCY Mercury Computer Systems, Inc.
RDK Ruddick Corp.
XTXI Crosstex Energy Inc.
CENX Century Aluminum Co.
BONA Bona Film Group Limited
RBN Robbins & Myers Inc.
CY Cypress Semiconductor Corporation
RGLD Royal Gold, Inc.
ANN ANN INC
ENOC EnerNOC, Inc.
TDS Telephone & Data Systems Inc.
CDE Coeur d'Alene Mines Corporation
EXK Endeavour Silver Corp.
RIC Richmont Mines Inc.