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 30, 2012.
Ticker Company WCRX Warner Chilcott plc
RRC Range Resources Corporation
MPG MPG Office Trust, Inc.
OWW Orbitz Worldwide, Inc.
ACO Amcol International Corp.
BONE Bacterin International Holdings, Inc.
QGEN Qiagen NV
JNPR Juniper Networks, Inc.
PGH Pengrowth Energy Corporation
QEP QEP Resources, Inc.
WEN The Wendy's Company
BDX Becton, Dickinson and Company
VNDA Vanda Pharmaceuticals, Inc.
G Genpact Ltd.
AAON AAON Inc.
ABB ABB Ltd.
SLTM Solta Medical, Inc.
ED Consolidated Edison Inc.
BAS Basic Energy Services, Inc.
PWER Power-One Inc.
BHP BHP Billiton Ltd.
IRF International Rectifier Corporation
KONA Kona Grill Inc.
QRM Quest Rare Minerals Ltd.
CAH Cardinal Health, Inc.
SO Southern Company
UNS UniSource Energy Corporation
YHOO Yahoo! Inc.
AB AllianceBernstein Holding L.P.
PANL Universal Display Corp.
ATMI ATMI Inc.
GLW Corning Inc.
ZLCS Zalicus Inc.
WSH Willis Group Holdings Public Limited Company
MATW Matthews International Corporation
IRM Iron Mountain Inc.
AEC Associated Estates Realty Corp.
DLPH Delphi Automotive PLC
TI Telecom Italia SpA
TIF Tiffany & Co.
SMI Semiconductor Manufacturing International Corp.
VHC VirnetX Holding Corp
PNK Pinnacle Entertainment Inc.
STAA STAAR Surgical Company
SIGA SIGA Technologies, Inc.
TLM Talisman Energy Inc.
BLTI Biolase Technology, Inc.
BVN Compania de Minas Buenaventura SA
SSD Simpson Manufacturing Co., Inc.
COLM Columbia Sportswear Company
MOSY MoSys, Inc.
NILE Blue Nile Inc.
MGLN Magellan Health Services Inc.
FBN Furniture Brands International Inc.
STP Suntech Power Holdings Co. Ltd.
FIO Fusion-io, Inc.
TSYS TeleCommunication Systems Inc.