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 26, 2012.
Ticker Company PANL Universal Display Corp.
WCRX Warner Chilcott plc
STP Suntech Power Holdings Co. Ltd.
OWW Orbitz Worldwide, Inc.
ACO Amcol International Corp.
MAXY Maxygen, Inc.
STAA STAAR Surgical Company
VHC VirnetX Holding Corp
PWER Power-One Inc.
QRM Quest Rare Minerals Ltd.
RRC Range Resources Corporation
IRF International Rectifier Corporation
AEC Associated Estates Realty Corp.
MOSY MoSys, Inc.
IRM Iron Mountain Inc.
SIGA SIGA Technologies, Inc.
BVN Compania de Minas Buenaventura SA
DLPH Delphi Automotive PLC
G Genpact Ltd.
PNK Pinnacle Entertainment Inc.
TIF Tiffany & Co.
TI Telecom Italia SpA
GLW Corning Inc.
CAH Cardinal Health, Inc.
SLTM Solta Medical, Inc.
TLM Talisman Energy Inc.
BHP BHP Billiton Ltd.
QGEN Qiagen NV
BDX Becton, Dickinson and Company
PGH Pengrowth Energy Corporation
INFY Infosys Ltd.
YHOO Yahoo! Inc.
UNS UniSource Energy Corporation
SO Southern Company
ATMI ATMI Inc.
QEP QEP Resources, Inc.
ED Consolidated Edison Inc.
WEN The Wendy's Company
JNPR Juniper Networks, Inc.
GSOL Global Sources Ltd.
AB AllianceBernstein Holding L.P.
WSH Willis Group Holdings Public Limited Company
SSD Simpson Manufacturing Co., Inc.
MPG MPG Office Trust, Inc.
BONE Bacterin International Holdings, Inc.
COLM Columbia Sportswear Company
DRWI DragonWave Inc.
FIO Fusion-io, Inc.
MGLN Magellan Health Services Inc.
DMRC Digimarc Corporation