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 April 2, 2012.
Ticker Company KTOS Kratos Defense & Security Solutions, Inc.
BONE Bacterin International Holdings, Inc.
PQ PetroQuest Energy Inc.
PCO Pendrell Corporation
KWK Quicksilver Resources Inc.
WOR Worthington Industries, Inc.
VGZ Vista Gold Corp.
CENX Century Aluminum Co.
VOLC Volcano Corporation
GDOT Green Dot Corporation
KRA Kraton Performance Polymers Inc.
DLLR DFC Global Corp.
BHP BHP Billiton Ltd.
GME GameStop Corp.
TV Grupo Televisa, S.A.B.
NVS Novartis AG
AMRI Albany Molecular Research Inc.
PNK Pinnacle Entertainment Inc.
FLO Flowers Foods, Inc.
QRM Quest Rare Minerals Ltd.
CJES C&J Energy Services, Inc.
SD SandRidge Energy, Inc.
TIF Tiffany & Co.
FST Forest Oil Corp.
PLX Protalix BioTherapeutics, Inc.
NFG National Fuel Gas Co.
ORIT Oritani Financial Corp.
WFT Weatherford International Ltd.
NWE Northwestern Corp.
BHI Baker Hughes Incorporated
TIE Titanium Metals Corporation
PANL Universal Display Corp.
ROSE Rosetta Resources, Inc.
INTU Intuit Inc.
OFC Corporate Office Properties Trust
STAA STAAR Surgical Company
YZC Yanzhou Coal Mining Co. Ltd.
ITC ITC Holdings Corp.
SWY Safeway Inc.
G Genpact Ltd.
CAH Cardinal Health, Inc.
IRM Iron Mountain Inc.
CRESY Cresud Sociedad An
VC Visteon Corp.
ABC AmerisourceBergen Corporation
ABH Resolute Forest Products
PHG Koninklijke Philips Electronics NV
CEDC Central European Distribution Corp.
STP Suntech Power Holdings Co. Ltd.