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 6, 2012.
Ticker Company CPN Calpine Corp.
NRP Natural Resource Partners LP
FTEK Fuel-Tech, Inc.
WSH Willis Group Holdings Public Limited Company
AON Aon Corporation
FDP Fresh Del Monte Produce Inc.
AVAV AeroVironment, Inc.
CAH Cardinal Health, Inc.
ENOC EnerNOC, Inc.
BRS Bristow Group, Inc.
ABC AmerisourceBergen Corporation
PLX Protalix BioTherapeutics, Inc.
FLO Flowers Foods, Inc.
GLW Corning Inc.
GME GameStop Corp.
ANR Alpha Natural Resources, Inc.
VLO Valero Energy Corporation
IRM Iron Mountain Inc.
RDK Ruddick Corp.
TIBX TIBCO Software Inc.
G Genpact Ltd.
EVEP EV Energy Partners LP
NVS Novartis AG
CNX CONSOL Energy Inc.
ANN ANN INC
NILE Blue Nile Inc.
TV Grupo Televisa, S.A.B.
BHI Baker Hughes Incorporated
ROSE Rosetta Resources, Inc.
TCB TCF Financial Corporation
CY Cypress Semiconductor Corporation
CMVT Comverse Technology Inc.
CI Cigna Corp.
BHP BHP Billiton Ltd.
TIE Titanium Metals Corporation
RGLD Royal Gold, Inc.
GTE Gran Tierra Energy, Inc.
RBN Robbins & Myers Inc.
EXK Endeavour Silver Corp.
JCI Johnson Controls Inc.
YZC Yanzhou Coal Mining Co. Ltd.
RIC Richmont Mines Inc.
CENX Century Aluminum Co.
PAL North American Palladium Ltd.
GDOT Green Dot Corporation
MERU Meru Networks, Inc.
DRWI DragonWave Inc.