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 April 9, 2012.
Ticker Company LIWA Lihua International, Inc.
BVN Compania de Minas Buenaventura SA
PBA Pembina Pipeline Corporation
NILE Blue Nile Inc.
ROSE Rosetta Resources, Inc.
ACTG Acacia Research Corporation
KRA Kraton Performance Polymers Inc.
FLO Flowers Foods, Inc.
CENX Century Aluminum Co.
NVS Novartis AG
PHG Koninklijke Philips Electronics NV
BHP BHP Billiton Ltd.
UTHR United Therapeutics Corporation
CAH Cardinal Health, Inc.
AINV Apollo Investment Corporation
SWY Safeway Inc.
TIE Titanium Metals Corporation
TIF Tiffany & Co.
AEP American Electric Power Co., Inc.
HTSI Harris Teeter Supermarkets, Inc.
AON Aon Corporation
QTM Quantum Corporation
TV Grupo Televisa, S.A.B.
BHI Baker Hughes Incorporated
INFY Infosys Ltd.
FST Forest Oil Corp.
ENOC EnerNOC, Inc.
HRL Hormel Foods Corp.
PCO Pendrell Corporation
NYX NYSE Euronext, Inc.
KR The Kroger Co.
WFT Weatherford International Ltd.
IRF International Rectifier Corporation
JNPR Juniper Networks, Inc.
DRWI DragonWave Inc.
ALTR Altera Corp.
QRM Quest Rare Minerals Ltd.
PQ PetroQuest Energy Inc.
PNK Pinnacle Entertainment Inc.
QEP QEP Resources, Inc.
CRESY Cresud Sociedad An
VOLC Volcano Corporation
NFG National Fuel Gas Co.
OFG Oriental Financial Group Inc.
AB AllianceBernstein Holding L.P.
G Genpact Ltd.
IEX IDEX Corporation
PANL Universal Display Corp.
GDOT Green Dot Corporation
PLX Protalix BioTherapeutics, Inc.
CVC Cablevision Systems Corporation
KTOS Kratos Defense & Security Solutions, Inc.
VGZ Vista Gold Corp.
VC Visteon Corp.
KOG Kodiak Oil & Gas Corp.
SD SandRidge Energy, Inc.
WTSLA Wet Seal Inc.
BONE Bacterin International Holdings, Inc.
STP Suntech Power Holdings Co. Ltd.
RDK Ruddick Corp.
CEDC Central European Distribution Corp.
FES Forbes Energy Services Ltd.
