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 17, 2012.
Ticker Company ENOC EnerNOC, Inc.
AMRI Albany Molecular Research Inc.
PANL Universal Display Corp.
QEP QEP Resources, Inc.
GDOT Green Dot Corporation
JNPR Juniper Networks, Inc.
NILE Blue Nile Inc.
VGZ Vista Gold Corp.
SLTM Solta Medical, Inc.
STP Suntech Power Holdings Co. Ltd.
QGEN Qiagen NV
CAH Cardinal Health, Inc.
PHG Koninklijke Philips Electronics NV
AAWW Atlas Air Worldwide Holdings Inc.
PQ PetroQuest Energy Inc.
AINV Apollo Investment Corporation
IRF International Rectifier Corporation
CENX Century Aluminum Co.
WFT Weatherford International Ltd.
CVC Cablevision Systems Corporation
PNK Pinnacle Entertainment Inc.
TOWN Towne Bank
HTSI Harris Teeter Supermarkets, Inc.
ACTG Acacia Research Corporation
COLM Columbia Sportswear Company
BHI Baker Hughes Incorporated
STAA STAAR Surgical Company
CLF Cliffs Natural Resources Inc.
BHP BHP Billiton Ltd.
MOSY MoSys, Inc.
FLO Flowers Foods, Inc.
BAS Basic Energy Services, Inc.
MATW Matthews International Corporation
ESIC EasyLink Services International Corporation
CO China Cord Blood Corporation
GIVN Given Imaging Ltd.
HRL Hormel Foods Corp.
ERIC LM Ericsson Telephone Co.
NVS Novartis AG
VOLC Volcano Corporation
G Genpact Ltd.
KONA Kona Grill Inc.
CSIQ Canadian Solar Inc.
AEC Associated Estates Realty Corp.
SO Southern Company
TIF Tiffany & Co.
SSD Simpson Manufacturing Co., Inc.
DLPH Delphi Automotive PLC
CRESY Cresud Sociedad An
KTOS Kratos Defense & Security Solutions, Inc.
IRM Iron Mountain Inc.
KOG Kodiak Oil & Gas Corp.
INFY Infosys Ltd.
RDK Ruddick Corp.
ED Consolidated Edison Inc.
BONE Bacterin International Holdings, Inc.
AB AllianceBernstein Holding L.P.
CEDC Central European Distribution Corp.
SMI Semiconductor Manufacturing International Corp.
QRM Quest Rare Minerals Ltd.
QTM Quantum Corporation