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 February 1, 2012.
Ticker Company BGC General Cable Corp.
JNS Janus Capital Group, Inc.
DB Deutsche Bank AG
JCOM j2 Global, Inc.
SCS Steelcase Inc.
BID Sotheby's
THC Tenet Healthcare Corp.
CENX Century Aluminum Co.
SMTC Semtech Corp.
TTI TETRA Technologies Inc.
ADM Archer Daniels Midland Company
VC Visteon Corp.
SKS Saks Incorporated
BBVA Banco Bilbao Vizcaya Argentaria, S.A.
BBL BHP Billiton plc
MAR Marriott International, Inc.
ANN ANN INC
CTXS Citrix Systems, Inc.
UHS Universal Health Services Inc.
MDC MDC Holdings Inc.
BCR CR Bard Inc.
PHG Koninklijke Philips Electronics NV
SI Siemens AG
RGLD Royal Gold, Inc.
PDS Precision Drilling Corporation
ERIC LM Ericsson Telephone Co.
MSFT Microsoft Corporation
PNK Pinnacle Entertainment Inc.
WWW Wolverine World Wide Inc.
AXP American Express Company
FLIR FLIR Systems, Inc.
CYH Community Health Systems, Inc.
INFY Infosys Ltd.
ENI Enersis S.A.
PEP Pepsico, Inc.
ANR Alpha Natural Resources, Inc.
TOT Total SA
PKG Packaging Corp. of America
RRD R.R. Donnelley & Sons Company
ADI Analog Devices Inc.
CXW Corrections Corporation of America
TIE Titanium Metals Corporation
CPB Campbell Soup Co.
AUY Yamana Gold, Inc.
EQR Equity Residential
GDOT Green Dot Corporation
VNR Vanguard Natural Resources, LLC
NDAQ Nasdaq OMX Group Inc.
IMGN Immunogen Inc.
DVN Devon Energy Corporation
GME GameStop Corp.
SYK Stryker Corp.
APC Anadarko Petroleum Corporation
CMVT Comverse Technology Inc.
MR Mindray Medical International Limited
ITG Investment Technology Group Inc.
CIB Bancolombia S.A.
CRK Comstock Resources Inc.
WBSN Websense, Inc.