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 23, 2012.
Ticker Company SD SandRidge Energy, Inc.
VVI Viad Corp
KOPN Kopin Corp.
SFUN SouFun Holdings Ltd.
DRWI DragonWave Inc.
EXK Endeavour Silver Corp.
ROSE Rosetta Resources, Inc.
IPAR Inter Parfums Inc.
RIC Richmont Mines Inc.
PLX Protalix BioTherapeutics, Inc.
TIBX TIBCO Software Inc.
BBY Best Buy Co. Inc.
GME GameStop Corp.
ABH Resolute Forest Products
BRS Bristow Group, Inc.
ZLC Zale Corporation
KWK Quicksilver Resources Inc.
ABC AmerisourceBergen Corporation
DLLR DFC Global Corp.
G Genpact Ltd.
CAH Cardinal Health, Inc.
YZC Yanzhou Coal Mining Co. Ltd.
WOR Worthington Industries, Inc.
PRTS U.S. Auto Parts Network, Inc.
HMIN Home Inns & Hotels Management Inc.
BHP BHP Billiton Ltd.
KTOS Kratos Defense & Security Solutions, Inc.
GLW Corning Inc.
BHI Baker Hughes Incorporated
CENX Century Aluminum Co.
IEX IDEX Corporation
TV Grupo Televisa, S.A.B.
INFY Infosys Ltd.
IFN India Fund, Inc.
STP Suntech Power Holdings Co. Ltd.
ADVS Advent Software, Inc.
CJES C&J Energy Services, Inc.
ENOC EnerNOC, Inc.
TCB TCF Financial Corporation
VOLC Volcano Corporation
ITC ITC Holdings Corp.
OFC Corporate Office Properties Trust
NVS Novartis AG
TIE Titanium Metals Corporation
SYRG Synergy Resources Corporation
FLO Flowers Foods, Inc.
RDK Ruddick Corp.
WSH Willis Group Holdings Public Limited Company
OI Owens-Illinois, Inc.
GDOT Green Dot Corporation
SI Siemens AG
NILE Blue Nile Inc.
IRM Iron Mountain Inc.
PC Panasonic Corporation
VRA Vera Bradley, Inc.
PNK Pinnacle Entertainment Inc.
PANL Universal Display Corp.