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 March 5, 2012.
Ticker Company CPN Calpine Corp.
SYRG Synergy Resources Corporation
GME GameStop Corp.
PLX Protalix BioTherapeutics, Inc.
APEI American Public Education, Inc.
AEC Associated Estates Realty Corp.
WSH Willis Group Holdings Public Limited Company
FLO Flowers Foods, Inc.
NVS Novartis AG
RDK Ruddick Corp.
AON Aon Corporation
MATW Matthews International Corporation
EVEP EV Energy Partners LP
ABC AmerisourceBergen Corporation
ITC ITC Holdings Corp.
CAH Cardinal Health, Inc.
ANN ANN INC
TCB TCF Financial Corporation
CIB Bancolombia S.A.
XTXI Crosstex Energy Inc.
FDP Fresh Del Monte Produce Inc.
GDOT Green Dot Corporation
AVAV AeroVironment, Inc.
RBN Robbins & Myers Inc.
PETD Petroleum Development Corporation
GLW Corning Inc.
MSFT Microsoft Corporation
CMVT Comverse Technology Inc.
GTE Gran Tierra Energy, Inc.
ITG Investment Technology Group Inc.
TV Grupo Televisa, S.A.B.
VLO Valero Energy Corporation
NILE Blue Nile Inc.
HES Hess Corporation
ENOC EnerNOC, Inc.
RGLD Royal Gold, Inc.
BHP BHP Billiton Ltd.
TIE Titanium Metals Corporation
CNX CONSOL Energy Inc.
NRP Natural Resource Partners LP
BHI Baker Hughes Incorporated
CY Cypress Semiconductor Corporation
CTXS Citrix Systems, Inc.
EXK Endeavour Silver Corp.
RIC Richmont Mines Inc.
ANR Alpha Natural Resources, Inc.
CENX Century Aluminum Co.
DRWI DragonWave Inc.
DAIO Data I/O Corp.