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 May 10, 2012.
Ticker Company AB AllianceBernstein Holding L.P.
EMKR EMCORE Corporation
SIGA SIGA Technologies, Inc.
BGS B&G Foods Inc.
BLTI Biolase Technology, Inc.
TESO Tesco Corporation
OPEN OpenTable, Inc.
AEC Associated Estates Realty Corp.
IRF International Rectifier Corporation
PNK Pinnacle Entertainment Inc.
SGEN Seattle Genetics Inc.
UAL United Continental Holdings, Inc.
BHP BHP Billiton Ltd.
TLM Talisman Energy Inc.
YHOO Yahoo! Inc.
UNS UniSource Energy Corporation
GOOG Google Inc.
TUP Tupperware Brands Corporation
ATMI ATMI Inc.
RDK Ruddick Corp.
CAH Cardinal Health, Inc.
BRS Bristow Group, Inc.
TI Telecom Italia SpA
TX Ternium S.A.
CVC Cablevision Systems Corporation
IRM Iron Mountain Inc.
DRIV Digital River Inc.
PWER Power-One Inc.
MOS The Mosaic Company
QEP QEP Resources, Inc.
ISIL Intersil Corporation
OSG Overseas Shipholding Group Inc.
FIO Fusion-io, Inc.
CODE Spansion Inc.
CEDC Central European Distribution Corp.