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 March 7, 2012.
Ticker Company TNS TNS Inc.
VLO Valero Energy Corporation
PETD Petroleum Development Corporation
TCB TCF Financial Corporation
GTE Gran Tierra Energy, Inc.
XTXI Crosstex Energy Inc.
ROSE Rosetta Resources, Inc.
TIBX TIBCO Software Inc.
DTSI DTS Inc.
NRP Natural Resource Partners LP
EXK Endeavour Silver Corp.
CIB Bancolombia S.A.
RBN Robbins & Myers Inc.
NILE Blue Nile Inc.
ABC AmerisourceBergen Corporation
RDK Ruddick Corp.
EVEP EV Energy Partners LP
GLW Corning Inc.
BHP BHP Billiton Ltd.
RIC Richmont Mines Inc.
STT State Street Corp.
FDP Fresh Del Monte Produce Inc.
CI Cigna Corp.
BHI Baker Hughes Incorporated
G Genpact Ltd.
CENX Century Aluminum Co.
JCI Johnson Controls Inc.
ANR Alpha Natural Resources, Inc.
NVS Novartis AG
GME GameStop Corp.
RGLD Royal Gold, Inc.
CPN Calpine Corp.
CPB Campbell Soup Co.
BRS Bristow Group, Inc.
AON Aon Corporation
IRM Iron Mountain Inc.
ANN ANN INC
CNX CONSOL Energy Inc.
MATW Matthews International Corporation
TIE Titanium Metals Corporation
AEC Associated Estates Realty Corp.
FLO Flowers Foods, Inc.
TV Grupo Televisa, S.A.B.
ITC ITC Holdings Corp.
CMVT Comverse Technology Inc.
CAH Cardinal Health, Inc.
GDOT Green Dot Corporation
WSH Willis Group Holdings Public Limited Company
PLX Protalix BioTherapeutics, Inc.
CY Cypress Semiconductor Corporation
ENOC EnerNOC, Inc.
AVAV AeroVironment, Inc.