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 30, 2012.
Ticker Company BONE Bacterin International Holdings, Inc.
CEDC Central European Distribution Corp.
PNK Pinnacle Entertainment Inc.
STP Suntech Power Holdings Co. Ltd.
YZC Yanzhou Coal Mining Co. Ltd.
BHI Baker Hughes Incorporated
CJES C&J Energy Services, Inc.
VOLC Volcano Corporation
WOR Worthington Industries, Inc.
PLX Protalix BioTherapeutics, Inc.
PANL Universal Display Corp.
KRA Kraton Performance Polymers Inc.
BHP BHP Billiton Ltd.
PHG Koninklijke Philips Electronics NV
RIC Richmont Mines Inc.
BVN Compania de Minas Buenaventura SA
ABC AmerisourceBergen Corporation
WFT Weatherford International Ltd.
INFY Infosys Ltd.
VC Visteon Corp.
PCO Pendrell Corporation
TV Grupo Televisa, S.A.B.
NFG National Fuel Gas Co.
INTU Intuit Inc.
NVS Novartis AG
NWE Northwestern Corp.
VGZ Vista Gold Corp.
EE El Paso Electric Co.
SD SandRidge Energy, Inc.
IRM Iron Mountain Inc.
TIF Tiffany & Co.
ACO Amcol International Corp.
ITC ITC Holdings Corp.
FLO Flowers Foods, Inc.
RDK Ruddick Corp.
CAH Cardinal Health, Inc.
G Genpact Ltd.
IEX IDEX Corporation
KOPN Kopin Corp.
FST Forest Oil Corp.
OFC Corporate Office Properties Trust
CENX Century Aluminum Co.
TIE Titanium Metals Corporation
ENOC EnerNOC, Inc.
BRS Bristow Group, Inc.
GDOT Green Dot Corporation
MATW Matthews International Corporation
ADVS Advent Software, Inc.
NILE Blue Nile Inc.
ZLC Zale Corporation
DLLR DFC Global Corp.
PQ PetroQuest Energy Inc.
ORIT Oritani Financial Corp.
SWY Safeway Inc.
TCB TCF Financial Corporation
ABH Resolute Forest Products
DRWI DragonWave Inc.
CRESY Cresud Sociedad An
STAA STAAR Surgical Company
ROSE Rosetta Resources, Inc.
KTOS Kratos Defense & Security Solutions, Inc.
ACUR Acura Pharmaceuticals Inc.
GME GameStop Corp.
KWK Quicksilver Resources Inc.
QRM Quest Rare Minerals Ltd.
TIBX TIBCO Software Inc.