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 September 7, 2012.
Ticker Company TITN Titan Machinery, Inc.
BNNY Annie's, Inc.
IRE The Governor and Company of The Bank of Ireland
RECN Resources Connection Inc.
TWI Titan International Inc.
FOLD Amicus Therapeutics, Inc.
BT BT Group plc
CMA Comerica Incorporated
YMI YM BioSciences Inc.
CATY Cathay General Bancorp
NMR Nomura Holdings, Inc.
PWRD Perfect World Co., Ltd.
LGF Lions Gate Entertainment Corp.
SLF Sun Life Financial Inc.
NATI National Instruments Corporation
ABV Companhia de Bebidas Das Americas (AMBEV)
MA Mastercard Incorporated
BUSE First Busey Corporation
WDR Waddell & Reed Financial Inc.
AXP American Express Company
DRE Duke Realty Corp.
MYGN Myriad Genetics Inc.
PLAB Photronics Inc.
BWC The Babcock & Wilcox Company
OFC Corporate Office Properties Trust
PII Polaris Industries, Inc.
FII Federated Investors, Inc.
INWK InnerWorkings Inc.
VNO Vornado Realty Trust
OXM Oxford Industries Inc.
SZYM Solazyme, Inc.
SATS EchoStar Corp.
MIPS MIPS Technologies Inc.
PIR Pier 1 Imports, Inc.
THC Tenet Healthcare Corp.
WBS Webster Financial Corp.
JOEZ Joe's Jeans Inc.
AHL Aspen Insurance Holdings Ltd.
SIGI Selective Insurance Group Inc.
FDX FedEx Corporation
TTEK Tetra Tech Inc.
BMS Bemis Company, Inc.
UHS Universal Health Services Inc.
POST Post Holdings, Inc.
PBH Prestige Brands Holdings, Inc.
EFX Equifax Inc.
LIFE Life Technologies Corporation
KRG Kite Realty Group Trust
FBHS Fortune Brands Home & Security, Inc.
RFMD RF Micro Devices Inc.
CRAY Cray Inc.
WWWW Web.com Group, Inc.
ACTS Actions Semiconductor Co., Ltd.
USAT USA Technologies Inc.
IRWD Ironwood Pharmaceuticals Inc.
IMMU Immunomedics Inc.
HOTT Hot Topic Inc.
DUSA DUSA Pharmaceuticals Inc.
CVGW Calavo Growers Inc.
IMI Intermolecular, Inc.