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 2, 2012.
Ticker Company ANN ANN INC
PETD Petroleum Development Corporation
VLO Valero Energy Corporation
CPN Calpine Corp.
UNM Unum Group
GLW Corning Inc.
GME GameStop Corp.
AON Aon Corporation
TV Grupo Televisa, S.A.B.
ITG Investment Technology Group Inc.
PAL North American Palladium Ltd.
WSH Willis Group Holdings Public Limited Company
FLO Flowers Foods, Inc.
MSFT Microsoft Corporation
NVS Novartis AG
AXP American Express Company
CTXS Citrix Systems, Inc.
HES Hess Corporation
TCB TCF Financial Corporation
BRS Bristow Group, Inc.
CAH Cardinal Health, Inc.
BHP BHP Billiton Ltd.
LEG Leggett & Platt, Incorporated
TIE Titanium Metals Corporation
ABC AmerisourceBergen Corporation
EXK Endeavour Silver Corp.
CY Cypress Semiconductor Corporation
RDK Ruddick Corp.
CENX Century Aluminum Co.
GTE Gran Tierra Energy, Inc.
