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 15, 2012.
Ticker Company RPRX Repros Therapeutics Inc.
TCB TCF Financial Corporation
ENOC EnerNOC, Inc.
SI Siemens AG
CWCO Consolidated Water Co. Ltd.
CNX CONSOL Energy Inc.
ARGN Amerigon Inc.
STT State Street Corp.
TIE Titanium Metals Corporation
KOPN Kopin Corp.
CENX Century Aluminum Co.
FLO Flowers Foods, Inc.
BHP BHP Billiton Ltd.
TV Grupo Televisa, S.A.B.
G Genpact Ltd.
PANL Universal Display Corp.
CPN Calpine Corp.
TIBX TIBCO Software Inc.
GLW Corning Inc.
RIC Richmont Mines Inc.
IPAR Inter Parfums Inc.
FDP Fresh Del Monte Produce Inc.
EXK Endeavour Silver Corp.
CAH Cardinal Health, Inc.
IRM Iron Mountain Inc.
ITC ITC Holdings Corp.
WSH Willis Group Holdings Public Limited Company
BRS Bristow Group, Inc.
NVS Novartis AG
CI Cigna Corp.
RDK Ruddick Corp.
CY Cypress Semiconductor Corporation
GTE Gran Tierra Energy, Inc.
BHI Baker Hughes Incorporated
ABC AmerisourceBergen Corporation
STRL Sterling Construction Co. Inc.
CMVT Comverse Technology Inc.
KTOS Kratos Defense & Security Solutions, Inc.
CJES C&J Energy Services, Inc.
GDOT Green Dot Corporation
NGS Natural Gas Services Group Inc.