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 17, 2012.
Ticker Company KONA Kona Grill Inc.
BAS Basic Energy Services, Inc.
BHP BHP Billiton Ltd.
ERIC LM Ericsson Telephone Co.
CVC Cablevision Systems Corporation
QGEN Qiagen NV
G Genpact Ltd.
ACTG Acacia Research Corporation
WFT Weatherford International Ltd.
SO Southern Company
DLPH Delphi Automotive PLC
RDK Ruddick Corp.
TLM Talisman Energy Inc.
PANL Universal Display Corp.
AEC Associated Estates Realty Corp.
VOLC Volcano Corporation
FLO Flowers Foods, Inc.
NVS Novartis AG
GDOT Green Dot Corporation
ED Consolidated Edison Inc.
CLF Cliffs Natural Resources Inc.
HRL Hormel Foods Corp.
BHI Baker Hughes Incorporated
TIF Tiffany & Co.
KTOS Kratos Defense & Security Solutions, Inc.
AINV Apollo Investment Corporation
COLM Columbia Sportswear Company
IRM Iron Mountain Inc.
CAH Cardinal Health, Inc.
QEP QEP Resources, Inc.
IRF International Rectifier Corporation
MATW Matthews International Corporation
INFY Infosys Ltd.
SSD Simpson Manufacturing Co., Inc.
AAWW Atlas Air Worldwide Holdings Inc.
JNPR Juniper Networks, Inc.
HTSI Harris Teeter Supermarkets, Inc.
PHG Koninklijke Philips Electronics NV
PNK Pinnacle Entertainment Inc.
AB AllianceBernstein Holding L.P.
STAA STAAR Surgical Company
CENX Century Aluminum Co.
KOG Kodiak Oil & Gas Corp.
CWCO Consolidated Water Co. Ltd.
NILE Blue Nile Inc.
FES Forbes Energy Services Ltd.
PQ PetroQuest Energy Inc.
CRESY Cresud Sociedad An
ENOC EnerNOC, Inc.
