CRK, RPI, SALM Expected to Trade Up After Bullish Patterns Develop
March 2, 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. COMSTOCK RESOURCES INC (NYSE:CRK), ROBERTS REALTY INVESTORS INC (AMEX:RPI), SALEM COMMUNICATIONS -CL A (NASDAQ:SALM) 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 CRK COMSTOCK RESOURCES INC 50day MA crosses above 200day MA Golden Cross 3 RPI ROBERTS REALTY INVESTORS INC 50day MA crosses above 200day MA Golden Cross 4 SALM SALEM COMMUNICATIONS -CL A 50day MA crosses above 200day MA Golden Cross 3Chart 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
COMSTOCK RESOURCES INC (NYSE:CRK) - Comstock Resources, Inc. engages in the acquisition, development, production, and exploration of oil and natural gas properties in the United States. It has onshore operations primarily in the East Texas/North Louisiana and South Texas regions, as well as Mississippi, New Mexico, Kentucky, and the Mid-Continent regions. As of December 31, 2009, the company owned interests in 1,641 producing oil and natural gas wells, and had proved reserves of 725.7 billion cubic feet of natural gas equivalent. Comstock Resources was founded in 1919 and is based in Frisco, Texas.
ROBERTS REALTY INVESTORS INC (AMEX:RPI) - Roberts Realty Investors, Inc. operates as a real estate investment trust (REIT) that primarily engages in the ownership and operation of multifamily residential properties in the United States. As of September 30, 2005, the company owned two multifamily apartment communities totaling 403 residential units in the Atlanta metropolitan area; three retail centers totaling 121,477 square feet, including a 39,205 square feet retail center, which was in its lease-up phase; and a 37,864 square feet commercial office building, which was also in its lease-up phase. It also owned 5 tracts of undeveloped land totaling 67 acres in various phases of development and a 44 acre tract of land that was held for investment, as of the above date. The company has elected to be treated as a REIT for federal income tax purposes and would not be subject to federal income tax, provided it distributes at least 90% of its REIT taxable income to its stockholders. Roberts Realty Investors was formed in 1994 and is headquartered in Atlanta, Georgia.
SALEM COMMUNICATIONS -CL A (NASDAQ:SALM) - Salem Communications Corporation, through its subsidiaries, operates as a commercial radio broadcasting company in the United States. It owns and operates radio stations in metropolitan markets. The companys radio business focuses on the clustering of strategic formats, including Christian teaching and talk, contemporary Christian music, conservative news talk, and Spanish language Christian teaching and talk. It also owns and operates Salem Radio Network, a national radio network that syndicates music, news, and talk to approximately 2,000 affiliated radio stations. In addition, the company provides online Christian content and streaming; publishes Christian magazines; and provides print-on-demand publishing services targeting the Christian audience. Further, it specializes in placing national advertising on religious format radio stations; and contracts with individual radio stations to sell air time to national advertisers. Salem Communications Corporation was founded in 1986 and is headquartered in Camarillo, California.
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