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 July 9, 2012.
Ticker Company GEL Genesis Energy LP
CAH Cardinal Health, Inc.
YMI YM BioSciences Inc.
RDNT RadNet, Inc.
UBSH Union First Market Bankshares Corporation
CLDX Celldex Therapeutics, Inc.
FXEN FX Energy Inc.
SPR Spirit AeroSystems Holdings Inc
ZOOM ZOOM Technologies, Inc.
PHG Koninklijke Philips Electronics NV
ROL Rollins Inc.
SGYP Synergy Pharmaceuticals, Inc.
TDC Teradata Corporation
FSC Fifth Street Finance Corp.
URBN Urban Outfitters Inc.
BCE BCE, Inc.
CVD Covance Inc.
IO ION Geophysical Corporation
KFT Kraft Foods Inc.
LCRY LeCroy Corp.
SKT Tanger Factory Outlet Centers Inc.
ELN Elan Corporation, plc
RLJ RLJ Lodging Trust
ELS Equity LifeStyle Properties, Inc.
LRN K12, Inc.
MPW Medical Properties Trust Inc.
VIAB Viacom, Inc.
FDX FedEx Corporation
MHK Mohawk Industries Inc.
WES Western Gas Partners LP
EXAR Exar Corp.
GTLS Chart Industries Inc.
SIGI Selective Insurance Group Inc.
BWC The Babcock & Wilcox Company
SNPS Synopsys Inc.
HAS Hasbro Inc.
VR Validus Holdings, Ltd.
OPK Opko Health, Inc.
LYB LyondellBasell Industries NV
WSH Willis Group Holdings Public Limited Company
A Agilent Technologies Inc.
CBG CBRE Group, Inc
BAP Credicorp Ltd.
OSG Overseas Shipholding Group Inc.
BGCP BGC Partners, Inc.
AES The AES Corporation
MDP Meredith Corp.
PLXS Plexus Corp.
BWLD Buffalo Wild Wings Inc.
POL PolyOne Corporation
BAA Banro Corporation
AFG American Financial Group Inc.
ISIL Intersil Corporation
FCEL FuelCell Energy Inc.
ADBE Adobe Systems Inc.
ANSS Ansys, Inc.
FIRE Sourcefire, Inc.