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 21, 2012.
Ticker Company ARNA Arena Pharmaceuticals, Inc.
COOL Majesco Entertainment Co.
BBY Best Buy Co. Inc.
VRA Vera Bradley, Inc.
PLX Protalix BioTherapeutics, Inc.
TIBX TIBCO Software Inc.
CENX Century Aluminum Co.
CAH Cardinal Health, Inc.
RIC Richmont Mines Inc.
G Genpact Ltd.
IFN India Fund, Inc.
VVC Vectren Corporation
TW Towers Watson & Co.
FLO Flowers Foods, Inc.
KTOS Kratos Defense & Security Solutions, Inc.
PCO Pendrell Corporation
TIE Titanium Metals Corporation
IRM Iron Mountain Inc.
EXK Endeavour Silver Corp.
NVS Novartis AG
TV Grupo Televisa, S.A.B.
TCB TCF Financial Corporation
GTE Gran Tierra Energy, Inc.
SI Siemens AG
ABC AmerisourceBergen Corporation
GLW Corning Inc.
ENOC EnerNOC, Inc.
CPN Calpine Corp.
PANL Universal Display Corp.
WSH Willis Group Holdings Public Limited Company
SILU Sprott Resource Lending Corp.
ITC ITC Holdings Corp.
PAL North American Palladium Ltd.
CI Cigna Corp.
SD SandRidge Energy, Inc.
ZLCS Zalicus Inc.
BHP BHP Billiton Ltd.
MRCY Mercury Computer Systems, Inc.
FBN Furniture Brands International Inc.
GDOT Green Dot Corporation
IPAR Inter Parfums Inc.
DRWI DragonWave Inc.
CJES C&J Energy Services, Inc.
BHI Baker Hughes Incorporated
