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 28, 2012.
Ticker Company KOPN Kopin Corp.
GDOT Green Dot Corporation
DLLR DFC Global Corp.
TW Towers Watson & Co.
IEX IDEX Corporation
NVS Novartis AG
PNK Pinnacle Entertainment Inc.
WSH Willis Group Holdings Public Limited Company
BRS Bristow Group, Inc.
RDK Ruddick Corp.
FLO Flowers Foods, Inc.
PCO Pendrell Corporation
BBY Best Buy Co. Inc.
SI Siemens AG
DRWI DragonWave Inc.
ABC AmerisourceBergen Corporation
SWY Safeway Inc.
CAH Cardinal Health, Inc.
PHG Koninklijke Philips Electronics NV
WOR Worthington Industries, Inc.
TV Grupo Televisa, S.A.B.
BHP BHP Billiton Ltd.
G Genpact Ltd.
TCB TCF Financial Corporation
NILE Blue Nile Inc.
IRM Iron Mountain Inc.
CJES C&J Energy Services, Inc.
ENOC EnerNOC, Inc.
GLW Corning Inc.
VOLC Volcano Corporation
KWK Quicksilver Resources Inc.
TIE Titanium Metals Corporation
GME GameStop Corp.
VC Visteon Corp.
SD SandRidge Energy, Inc.
VGZ Vista Gold Corp.
ZLC Zale Corporation
YZC Yanzhou Coal Mining Co. Ltd.
BHI Baker Hughes Incorporated
KTOS Kratos Defense & Security Solutions, Inc.
OFC Corporate Office Properties Trust
ROSE Rosetta Resources, Inc.
QRM Quest Rare Minerals Ltd.
TIBX TIBCO Software Inc.
PLX Protalix BioTherapeutics, Inc.
PANL Universal Display Corp.
CENX Century Aluminum Co.
KRA Kraton Performance Polymers Inc.
STP Suntech Power Holdings Co. Ltd.
WFT Weatherford International Ltd.
RIC Richmont Mines Inc.