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Tue, March 1, 2011

GG, SENEA Expected to Trade Up After Bullish Patterns Develop


Published on 2011-03-01 09:14:54 - WOPRAI
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March 1, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top technical trading patterns and these stocks are the most likely to trade Up in the coming weeks. GOLDCORP INC (NYSE:GG), SENECA FOODS CORP - CL A (NASDAQ:SENEA) are all expected to go Up as Bullish signals have been generated by top technical trading patterns. We monitor these patterns: Support Break, Support Reversal, Breakaway Gap, Measured Gap, Exhaustion Gap, Resistance Break, Resistance Reversal, Saucer Reversal, Volume Climax, Volume Trend, Fibonacci Reversal, Consolidation Breaks, Trend Line Break,Trend Line Reversal, Candles, Golden Crosses, Death Crosses and more. The chart below displays the stocks expected to go Up along with pattern, strategy and strength ratings.

     Symbol     Company                             Strategy                            Pattern Name            Strength  
     GG         GOLDCORP INC                        50day MA crosses above 200day MA     Golden Cross            4         
     SENEA      SENECA FOODS CORP - CL A            50day MA crosses above 200day MA     Golden Cross            5         
Chart Pattern Recognition is based on a 20-year patterns database. This database is used to determine pattern strength for patterns as they appear. There is no optimization and the pattern signals never change. For each pattern variation, we record accuracy and profitability statistics in a patterns database. From this information, we are able to define strength ratings from 1 to 5. The '1' rating shows ALL patterns while a '5' rating shows the best patterns according to profitability. Each pattern has its own strength rating factors. The result is an automatic ranking system that allows us to only show the BEST patterns. You can see that, at Strength 5, virtually all the patterns are profitable. The pattern strength rating system separates the most profitable patterns. The specific technology used to make these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/sw/ot.php

GOLDCORP INC (NYSE:GG) - Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. The company produces and sells gold, silver, and copper. It also holds interests in lead and zinc projects. The company was founded in 1954 and is headquartered in Vancouver, Canada.

SENECA FOODS CORP - CL A (NASDAQ:SENEA) - Seneca Foods Corporation engages in the production and distribution of processed fruits and vegetables, frozen vegetables, and other food products in the United States. The companys products include canned, frozen, and bottled produce and snack chips that are sold under private label, as well as national and regional brands that it owns or licenses, including Seneca, Libbys, Aunt Nellies Farm Kitchen, Stokelys, Read, and Diamond A. It packs Green Giant, Le Sueur, and other brands of canned vegetables, as well as selects Green Giant frozen vegetables for General Mills Operations, LLC under its alliance agreement. The company sells its products through grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores to food service distributors, industrial markets, other food processors, and export customers, as well as federal, state, and local governments for school and other feeding programs. Seneca Foods Corporation was founded in 1949 and is headquartered in Marion, New York.

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