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 April 13, 2012.
Ticker Company AB AllianceBernstein Holding L.P.
STAA STAAR Surgical Company
SSD Simpson Manufacturing Co., Inc.
QRM Quest Rare Minerals Ltd.
CO China Cord Blood Corporation
IRM Iron Mountain Inc.
DLPH Delphi Automotive PLC
PANL Universal Display Corp.
VGZ Vista Gold Corp.
AEC Associated Estates Realty Corp.
G Genpact Ltd.
FLO Flowers Foods, Inc.
COLM Columbia Sportswear Company
ACTG Acacia Research Corporation
CEDC Central European Distribution Corp.
AGII Argo Group International Holdings, Ltd.
HRL Hormel Foods Corp.
AAWW Atlas Air Worldwide Holdings Inc.
VNDA Vanda Pharmaceuticals, Inc.
NVS Novartis AG
BVN Compania de Minas Buenaventura SA
IEX IDEX Corporation
TIF Tiffany & Co.
BAS Basic Energy Services, Inc.
CVC Cablevision Systems Corporation
BHI Baker Hughes Incorporated
MATW Matthews International Corporation
NILE Blue Nile Inc.
CAH Cardinal Health, Inc.
BHP BHP Billiton Ltd.
QEP QEP Resources, Inc.
ENOC EnerNOC, Inc.
PNK Pinnacle Entertainment Inc.
CRESY Cresud Sociedad An
ALTR Altera Corp.
STP Suntech Power Holdings Co. Ltd.
PHG Koninklijke Philips Electronics NV
CLF Cliffs Natural Resources Inc.
AINV Apollo Investment Corporation
HTSI Harris Teeter Supermarkets, Inc.
TV Grupo Televisa, S.A.B.
GDOT Green Dot Corporation
OFG Oriental Financial Group Inc.
VOLC Volcano Corporation
KOG Kodiak Oil & Gas Corp.
FIO Fusion-io, Inc.
WFT Weatherford International Ltd.
SMI Semiconductor Manufacturing International Corp.
BONE Bacterin International Holdings, Inc.
PQ PetroQuest Energy Inc.
QTM Quantum Corporation
JNPR Juniper Networks, Inc.
KRA Kraton Performance Polymers Inc.
IRF International Rectifier Corporation
WTSLA Wet Seal Inc.
CENX Century Aluminum Co.
RDK Ruddick Corp.
INFY Infosys Ltd.
PCO Pendrell Corporation