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 26, 2012.
Ticker Company JNS Janus Capital Group, Inc.
ERIC LM Ericsson Telephone Co.
CCK Crown Holdings Inc.
RGLD Royal Gold, Inc.
EQR Equity Residential
AUY Yamana Gold, Inc.
BGC General Cable Corp.
PCL Plum Creek Timber Co. Inc.
INFY Infosys Ltd.
ONTY Oncothyreon Inc
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
PKG Packaging Corp. of America
PHG Koninklijke Philips Electronics NV
BBL BHP Billiton plc
BCS Barclays PLC
CRUS Cirrus Logic Inc.
CPB Campbell Soup Co.
CXW Corrections Corporation of America
AXP American Express Company
UTX United Technologies Corp.
SYK Stryker Corp.
MSFT Microsoft Corporation
MSCC Microsemi Corp.
CIB Bancolombia S.A.
TOT Total SA
DB Deutsche Bank AG
SI Siemens AG
LRY Liberty Property Trust
TSS Total System Services, Inc.
ADI Analog Devices Inc.
DELL Dell Inc.
MAR Marriott International, Inc.
THC Tenet Healthcare Corp.
PGH Pengrowth Energy Corporation
RRD R.R. Donnelley & Sons Company
PDS Precision Drilling Corporation
MDC MDC Holdings Inc.
GME GameStop Corp.
ADP Automatic Data Processing, Inc.