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 27, 2012.
Ticker Company ARNA Arena Pharmaceuticals, Inc.
QRM Quest Rare Minerals Ltd.
KOPN Kopin Corp.
PNK Pinnacle Entertainment Inc.
PLX Protalix BioTherapeutics, Inc.
WOR Worthington Industries, Inc.
PCO Pendrell Corporation
G Genpact Ltd.
TIE Titanium Metals Corporation
PHG Koninklijke Philips Electronics NV
TCB TCF Financial Corporation
TV Grupo Televisa, S.A.B.
IRM Iron Mountain Inc.
OFC Corporate Office Properties Trust
SWY Safeway Inc.
PANL Universal Display Corp.
CENX Century Aluminum Co.
CAH Cardinal Health, Inc.
ABC AmerisourceBergen Corporation
SI Siemens AG
WSH Willis Group Holdings Public Limited Company
GME GameStop Corp.
IVN Ivanhoe Mines Ltd.
TIBX TIBCO Software Inc.
VC Visteon Corp.
GLW Corning Inc.
NVS Novartis AG
BHP BHP Billiton Ltd.
CJES C&J Energy Services, Inc.
BHI Baker Hughes Incorporated
STP Suntech Power Holdings Co. Ltd.
BBY Best Buy Co. Inc.
VGZ Vista Gold Corp.
SD SandRidge Energy, Inc.
AUDC AudioCodes Ltd.
RIC Richmont Mines Inc.
WFT Weatherford International Ltd.
KWK Quicksilver Resources Inc.