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 12, 2012.
Ticker Company ARGN Amerigon Inc.
GLW Corning Inc.
NVS Novartis AG
ABC AmerisourceBergen Corporation
WSH Willis Group Holdings Public Limited Company
IRM Iron Mountain Inc.
TCB TCF Financial Corporation
CI Cigna Corp.
CAH Cardinal Health, Inc.
BHP BHP Billiton Ltd.
TIBX TIBCO Software Inc.
CENX Century Aluminum Co.
CPN Calpine Corp.
TIE Titanium Metals Corporation
CY Cypress Semiconductor Corporation
GTE Gran Tierra Energy, Inc.
STT State Street Corp.
PAL North American Palladium Ltd.
EXK Endeavour Silver Corp.
BHI Baker Hughes Incorporated
CNX CONSOL Energy Inc.
