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 19, 2012.
Ticker Company CJES C&J Energy Services, Inc.
CMVT Comverse Technology Inc.
BBY Best Buy Co. Inc.
PLX Protalix BioTherapeutics, Inc.
YZC Yanzhou Coal Mining Co. Ltd.
GTE Gran Tierra Energy, Inc.
NVS Novartis AG
CENX Century Aluminum Co.
TCB TCF Financial Corporation
BHP BHP Billiton Ltd.
TIE Titanium Metals Corporation
TV Grupo Televisa, S.A.B.
SI Siemens AG
CI Cigna Corp.
ABC AmerisourceBergen Corporation
IRM Iron Mountain Inc.
ENOC EnerNOC, Inc.
TIBX TIBCO Software Inc.
WSH Willis Group Holdings Public Limited Company
BHI Baker Hughes Incorporated
NWPX Northwest Pipe Co.
GLW Corning Inc.
EXK Endeavour Silver Corp.
FLO Flowers Foods, Inc.
ITC ITC Holdings Corp.
PANL Universal Display Corp.
RDK Ruddick Corp.
CAH Cardinal Health, Inc.
G Genpact Ltd.
SVM Silvercorp Metals Inc.
CPN Calpine Corp.
IFN India Fund, Inc.
RIC Richmont Mines Inc.
GDOT Green Dot Corporation
