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 16, 2012.
Ticker Company XOMA XOMA Corporation
CENX Century Aluminum Co.
GVP GSE Systems Inc.
STRL Sterling Construction Co. Inc.
RIC Richmont Mines Inc.
BHI Baker Hughes Incorporated
BRS Bristow Group, Inc.
CPN Calpine Corp.
DRWI DragonWave Inc.
ENOC EnerNOC, Inc.
TCB TCF Financial Corporation
KTOS Kratos Defense & Security Solutions, Inc.
CJES C&J Energy Services, Inc.
GDOT Green Dot Corporation
PAL North American Palladium Ltd.
BBY Best Buy Co. Inc.
SI Siemens AG
ABC AmerisourceBergen Corporation
GLW Corning Inc.
NVS Novartis AG
ITC ITC Holdings Corp.
TIE Titanium Metals Corporation
CMVT Comverse Technology Inc.
NEWS NewStar Financial, Inc.
BHP BHP Billiton Ltd.
EXK Endeavour Silver Corp.
FLO Flowers Foods, Inc.
MAXY Maxygen, Inc.
NWPX Northwest Pipe Co.
IRM Iron Mountain Inc.
TW Towers Watson & Co.
CRDN Ceradyne Inc.
CI Cigna Corp.
ITG Investment Technology Group Inc.
PCO Pendrell Corporation
TIBX TIBCO Software Inc.
STT State Street Corp.
DCO Ducommun Inc.
CAH Cardinal Health, Inc.
TNS TNS Inc.
WSH Willis Group Holdings Public Limited Company
MATW Matthews International Corporation
KOPN Kopin Corp.
MRCY Mercury Computer Systems, Inc.
TV Grupo Televisa, S.A.B.
COOL Majesco Entertainment Co.
ADVS Advent Software, Inc.
NGS Natural Gas Services Group Inc.
NILE Blue Nile Inc.
G Genpact Ltd.
IPAR Inter Parfums Inc.
RDK Ruddick Corp.
WDFC WD-40 Company
GTE Gran Tierra Energy, Inc.
CWCO Consolidated Water Co. Ltd.
YZC Yanzhou Coal Mining Co. Ltd.
PANL Universal Display Corp.
POWR PowerSecure International, Inc.
PLX Protalix BioTherapeutics, Inc.
ARGN Amerigon Inc.
