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 23, 2012.
Ticker Company CEDC Central European Distribution Corp.
BAS Basic Energy Services, Inc.
QEP QEP Resources, Inc.
NILE Blue Nile Inc.
WSH Willis Group Holdings Public Limited Company
WEN The Wendy's Company
TIF Tiffany & Co.
HTSI Harris Teeter Supermarkets, Inc.
CAH Cardinal Health, Inc.
PGH Pengrowth Energy Corporation
ED Consolidated Edison Inc.
G Genpact Ltd.
SO Southern Company
IRM Iron Mountain Inc.
TLM Talisman Energy Inc.
AINV Apollo Investment Corporation
CENX Century Aluminum Co.
CVC Cablevision Systems Corporation
DLPH Delphi Automotive PLC
PWER Power-One Inc.
FLO Flowers Foods, Inc.
HRL Hormel Foods Corp.
NVS Novartis AG
ATMI ATMI Inc.
KOG Kodiak Oil & Gas Corp.
CLF Cliffs Natural Resources Inc.
BHP BHP Billiton Ltd.
PNK Pinnacle Entertainment Inc.
JNPR Juniper Networks, Inc.
INFY Infosys Ltd.
QGEN Qiagen NV
PQ PetroQuest Energy Inc.
VHC VirnetX Holding Corp
PANL Universal Display Corp.
CRESY Cresud Sociedad An
