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 22, 2012.
Ticker Company ARNA Arena Pharmaceuticals, Inc.
CJES C&J Energy Services, Inc.
EXK Endeavour Silver Corp.
G Genpact Ltd.
NVS Novartis AG
WSH Willis Group Holdings Public Limited Company
CAH Cardinal Health, Inc.
TV Grupo Televisa, S.A.B.
GLW Corning Inc.
HMIN Home Inns & Hotels Management Inc.
ITC ITC Holdings Corp.
COOL Majesco Entertainment Co.
FLO Flowers Foods, Inc.
ABC AmerisourceBergen Corporation
BBY Best Buy Co. Inc.
STP Suntech Power Holdings Co. Ltd.
RDK Ruddick Corp.
PANL Universal Display Corp.
SI Siemens AG
VOLC Volcano Corporation
IVN Ivanhoe Mines Ltd.
GDOT Green Dot Corporation
TIBX TIBCO Software Inc.
ENOC EnerNOC, Inc.
IRM Iron Mountain Inc.
TCB TCF Financial Corporation
BHP BHP Billiton Ltd.
WOR Worthington Industries, Inc.
ROSE Rosetta Resources, Inc.
TIE Titanium Metals Corporation
VRA Vera Bradley, Inc.
BHI Baker Hughes Incorporated
