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 20, 2012.
Ticker Company MSFT Microsoft Corporation
WAL Western Alliance Bancorporation
MCRL Micrel Inc.
CHMT Chemtura Corporation
LHO LaSalle Hotel Properties
DSX Diana Shipping Inc.
BCS Barclays PLC
CYH Community Health Systems, Inc.
SCS Steelcase Inc.
ICA Empresas ICA, S.A.B. de C.V.
RRD R.R. Donnelley & Sons Company
CMVT Comverse Technology Inc.
MSCC Microsemi Corp.
SFI iStar Financial Inc.
CPWR Compuware Corporation
PHG Koninklijke Philips Electronics NV
IDTI Integrated Device Technology, Inc.
BC Brunswick Corporation
CA CA Technologies
CLNE Clean Energy Fuels Corp.
ANR Alpha Natural Resources, Inc.
DB Deutsche Bank AG
INFY Infosys Ltd.
LRY Liberty Property Trust
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
PKG Packaging Corp. of America
FE FirstEnergy Corp.
BRY Berry Petroleum Co.
SYK Stryker Corp.
DELL Dell Inc.
MS Morgan Stanley
AVB Avalonbay Communities Inc.
FLIR FLIR Systems, Inc.
MAR Marriott International, Inc.
CRK Comstock Resources Inc.
EQR Equity Residential
ERIC LM Ericsson Telephone Co.
SKS Saks Incorporated
ADI Analog Devices Inc.
ANN ANN INC
HRS Harris Corp.
AUY Yamana Gold, Inc.
