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 January 3, 2012.
Ticker Company BTU Peabody Energy Corp.
IO ION Geophysical Corporation
C Citigroup, Inc.
TTM Tata Motors Ltd.
AXL American Axle & Manufacturing Holdings Inc.
MS Morgan Stanley
BBL BHP Billiton plc
CBG CBRE Group, Inc
FCX Freeport-McMoRan Copper & Gold Inc.
BCS Barclays PLC
TCK Teck Resources Limited
RCL Royal Caribbean Cruises Ltd.
HL Hecla Mining Co.
ACAS American Capital, Ltd.
ABB ABB Ltd.
ING ING Groep NV
SCCO Southern Copper Corp.
SI Siemens AG
MCO Moody's Corp.
STO Statoil ASA
KKR Kohlberg Kravis Roberts & Co.
ESRX Express Scripts Inc.
INFA Informatica Corporation
PBR Petroleo Brasileiro
TIE Titanium Metals Corporation
BWA BorgWarner Inc.
BLC Belo Corp.
BPO Brookfield Properties Corporation
ADSK Autodesk, Inc.
MSFT Microsoft Corporation
AKS AK Steel Holding Corporation
BEN Franklin Resources Inc.
EMN Eastman Chemical Co.
HBAN Huntington Bancshares Incorporated
IDTI Integrated Device Technology, Inc.
AUY Yamana Gold, Inc.
MET MetLife, Inc.
JCI Johnson Controls Inc.
NTRS Northern Trust Corporation
ERIC LM Ericsson Telephone Co.
UTX United Technologies Corp.
DELL Dell Inc.
MAR Marriott International, Inc.
PHG Koninklijke Philips Electronics NV
BBT BB&T Corporation
SYK Stryker Corp.
CJES C&J Energy Services, Inc.
BEE Strategic Hotels & Resorts, Inc.
CRUS Cirrus Logic Inc.
L Loews Corporation
VLY Valley National Bancorp
LINTA Liberty Interactive, Inc.
WLP WellPoint Inc.
NAV Navistar International Corporation
HOG Harley-Davidson, Inc.
CA CA Technologies
OMC Omnicom Group Inc.
NOC Northrop Grumman Corporation
TV Grupo Televisa, S.A.B.
ABV Companhia de Bebidas Das Americas (AMBEV)
UNH Unitedhealth Group, Inc.
FULT Fulton Financial Corporation
CFN CareFusion Corporation
ADP Automatic Data Processing, Inc.
SKM SK Telecom Co. Ltd.
CCK Crown Holdings Inc.
ADI Analog Devices Inc.
PCL Plum Creek Timber Co. Inc.
CNK Cinemark Holdings Inc.
JCP J. C. Penney Company, Inc.
AVT Avnet Inc.
ELN Elan Corporation, plc
JNJ Johnson & Johnson
