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 9, 2012.
Ticker Company POWR PowerSecure International, Inc.
SYRG Synergy Resources Corporation
EDAC Edac Technologies Corp.
NWPX Northwest Pipe Co.
ZLCS Zalicus Inc.
ARGN Amerigon Inc.
FXCM FXCM Inc.
CENX Century Aluminum Co.
TAT TransAtlantic Petroleum Ltd.
DRWI DragonWave Inc.
ENOC EnerNOC, Inc.
TIBX TIBCO Software Inc.
CPN Calpine Corp.
CY Cypress Semiconductor Corporation
CI Cigna Corp.
G Genpact Ltd.
FDP Fresh Del Monte Produce Inc.
NILE Blue Nile Inc.
AEC Associated Estates Realty Corp.
CNX CONSOL Energy Inc.
MATW Matthews International Corporation
RDK Ruddick Corp.
AON Aon Corporation
FLO Flowers Foods, Inc.
TCB TCF Financial Corporation
CAH Cardinal Health, Inc.
JCI Johnson Controls Inc.
ABC AmerisourceBergen Corporation
ITC ITC Holdings Corp.
CMVT Comverse Technology Inc.
TFSL TFS Financial Corp
TIE Titanium Metals Corporation
IPAR Inter Parfums Inc.
STT State Street Corp.
ADVS Advent Software, Inc.
ROSE Rosetta Resources, Inc.
YZC Yanzhou Coal Mining Co. Ltd.
NVS Novartis AG
XOMA XOMA Corporation
TV Grupo Televisa, S.A.B.
TNS TNS Inc.
EXK Endeavour Silver Corp.
GDOT Green Dot Corporation
WSH Willis Group Holdings Public Limited Company
BHP BHP Billiton Ltd.
BRS Bristow Group, Inc.
BHI Baker Hughes Incorporated
PLX Protalix BioTherapeutics, Inc.
RGLD Royal Gold, Inc.
CIB Bancolombia S.A.
IRM Iron Mountain Inc.
RBN Robbins & Myers Inc.
AVAV AeroVironment, Inc.
GLW Corning Inc.
RIC Richmont Mines Inc.
SMI Semiconductor Manufacturing International Corp.
PCO Pendrell Corporation
GME GameStop Corp.
PAL North American Palladium Ltd.
NVAX Novavax, Inc.
RPRX Repros Therapeutics Inc.
PRTS U.S. Auto Parts Network, Inc.
LIME Lime Energy Co.