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 March 1, 2012.
Ticker Company PETD Petroleum Development Corporation
VLO Valero Energy Corporation
GME GameStop Corp.
CENX Century Aluminum Co.
ANN ANN INC
CY Cypress Semiconductor Corporation
RIC Richmont Mines Inc.
CTXS Citrix Systems, Inc.
RBN Robbins & Myers Inc.
GTE Gran Tierra Energy, Inc.
MSFT Microsoft Corporation
FLO Flowers Foods, Inc.
CIB Bancolombia S.A.
FDP Fresh Del Monte Produce Inc.
AVAV AeroVironment, Inc.
CPN Calpine Corp.
AXP American Express Company
ITG Investment Technology Group Inc.
NRP Natural Resource Partners LP
EXK Endeavour Silver Corp.
AON Aon Corporation
BHP BHP Billiton Ltd.
PHG Koninklijke Philips Electronics NV
UNM Unum Group
AEC Associated Estates Realty Corp.
TFSL TFS Financial Corp
ENOC EnerNOC, Inc.
RGLD Royal Gold, Inc.
HSNI HSN, Inc.
CAH Cardinal Health, Inc.
BRS Bristow Group, Inc.
RDK Ruddick Corp.
ABC AmerisourceBergen Corporation
MATW Matthews International Corporation
EVEP EV Energy Partners LP
GLW Corning Inc.
TV Grupo Televisa, S.A.B.
LEG Leggett & Platt, Incorporated
TCB TCF Financial Corporation
WSH Willis Group Holdings Public Limited Company
TIE Titanium Metals Corporation
SQI SciQuest, Inc.
