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 January 25, 2012.
Ticker Company AUY Yamana Gold, Inc.
ICA Empresas ICA, S.A.B. de C.V.
MDC MDC Holdings Inc.
TSS Total System Services, Inc.
BID Sotheby's
WWW Wolverine World Wide Inc.
CYH Community Health Systems, Inc.
RGLD Royal Gold, Inc.
BRY Berry Petroleum Co.
CRZO Carrizo Oil & Gas Inc.
PQ PetroQuest Energy Inc.
UHS Universal Health Services Inc.
CRK Comstock Resources Inc.
FST Forest Oil Corp.
SYK Stryker Corp.
GDI Gardner Denver Inc.
THC Tenet Healthcare Corp.
KKR Kohlberg Kravis Roberts & Co.
ONTY Oncothyreon Inc
ANN ANN INC
DVN Devon Energy Corporation
EQR Equity Residential
PDS Precision Drilling Corporation
BBL BHP Billiton plc
AXP American Express Company
SCS Steelcase Inc.
RF Regions Financial Corp.
AVB Avalonbay Communities Inc.
DB Deutsche Bank AG
FE FirstEnergy Corp.
INFY Infosys Ltd.
PHG Koninklijke Philips Electronics NV
BCS Barclays PLC
MSFT Microsoft Corporation
ABB ABB Ltd.
HRS Harris Corp.
TOT Total SA
CRUS Cirrus Logic Inc.
GME GameStop Corp.
MAR Marriott International, Inc.
PGH Pengrowth Energy Corporation
ADP Automatic Data Processing, Inc.
PCL Plum Creek Timber Co. Inc.
CIB Bancolombia S.A.
CCK Crown Holdings Inc.