N@N

ALGT, WIT, IGTE, SAN, BCA, LONG Expected to Trade Down After Bearish Patterns Develop

March 14, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top technical trading patterns and these stocks are the most likely to trade Down in the coming weeks. ALLEGIANT TRAVEL CO (NASDAQ:ALGT), WIPRO LTD-ADR (NYSE:WIT), IGATE CORP (NASDAQ:IGTE), BANCO SANTANDER-CHILE-ADR (NYSE:SAN), CORPBANCA SA-ADR (NYSE:BCA), ELONG INC-SPONSORED ADR (NASDAQ:LONG) are all expected to go Down as Bearish 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 Down along with pattern, strategy and strength ratings.

     Symbol     Company                             Strategy                            Pattern Name            Strength  
     ALGT       ALLEGIANT TRAVEL CO                 50day MA crosses below 200day MA     Death Cross             3         
     WIT        WIPRO LTD-ADR                       50day MA crosses below 200day MA     Death Cross             2         
     IGTE       IGATE CORP                          50day MA crosses below 200day MA     Death Cross             2         
     SAN        BANCO SANTANDER-CHILE-ADR           50day MA crosses below 200day MA     Death Cross             3         
     BCA        CORPBANCA SA-ADR                    50day MA crosses below 200day MA     Death Cross             5         
     LONG       ELONG INC-SPONSORED ADR             50day MA crosses below 200day MA     Death Cross             3         

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

ALLEGIANT TRAVEL CO (NASDAQ:ALGT) - Allegiant Travel Company operates as a leisure travel company in the United States. The company provides scheduled passenger services from small cities to leisure destinations. It focuses on transporting travelers in small cities to leisure destinations, such as Las Vegas, Nevada; Phoenix, Arizona; Los Angeles, California; and Orlando, Tampa/St. Petersburg, and Ft. Lauderdale, Florida. The company sells air travel on a stand-alone basis, as well as bundled with hotel rooms, rental cars, and other travel related services. It also provides charter air services under long-term contracts, as well as on a seasonal and ad-hoc basis. The company markets its services through advertising and promotions in newspapers, magazines, television, and radio, as well as through targeted public relations and promotional activities. As of February 1, 2010, it operated a fleet of 46 aircraft consisting of 28 MD-83 aircraft, 4 MD-87 aircraft, 8 MD-82 aircraft, and 6 MD-88 aircraft, as well as offered scheduled service from 58 small cities on 136 routes. The company was founded in 1997 and is headquartered in Las Vegas, Nevada.

WIPRO LTD-ADR (NYSE:WIT) - Wipro Limited provides information technology (IT) products and services, and consumer care and lighting products primarily in India, the United States, and Europe. The IT Services segment provides IT and IT enabled services, including software application development, application maintenance, research and development services for hardware and software design, data center outsourcing services, and business process outsourcing services. The IT Products segment sells a range of personal desktop computers, servers, and notebooks. This segment provides computing, storage, networking, security, and software products. It also acts as a value added reseller of desktops, servers, notebooks, storage products, networking solutions, and packaged software for various brands, as well as delivers hardware, software products, and other related deliverables. This segment serves enterprises in the government, defense, IT and IT-enabled services, telecommunications/telecom service providers, manufacturing, and banking sectors. The Consumer Care and Lighting segment manufactures, distributes, and sells personal care products, baby care products, lighting products, and hydrogenated cooking oils. It provides products in the toilet soaps, toiletries, deodorants, wellness, skincare, and hair care categories; and commercial lighting, office modular furniture, and security solutions. The company also manufactures cylinders and truck hydraulics; distributes hydraulic steering equipment and pumps, motors, and valves for international companies; and provides water solutions business, as well as provides consulting on renewable energy solutions. Wipro was founded in 1945 and is headquartered in Bangalore, India.

IGATE CORP (NASDAQ:IGTE) - iGATE Corporation provides outsourcing solutions that offer a business outcome based pricing model through an integrated Technology and Operations (iTOPS) structure with global service delivery. The company works with clients to optimize their businesses, secure year-on-year cost benefits, and tie costs to business needs and results. Its iTOPS model assures clients of year-on-year savings by process and technology optimization, access to proprietary tools, and migration to enhanced processes. The company provides various services, including IT consulting; independent verification and validation; application development and maintenance; data warehousing; data mining; business intelligence solutions; ERP/enterprise solutions; BPO/business service provisioning; infrastructure management; testing/independent verification and validation; and KPO and contact center services. It serves insurance, banking, financial services, and capital market industries. The company has operations in 16 countries, including India, Canada, the United States, Europe, Mexico, Singapore, Malaysia, Japan, and Australia. iGATE Corporation was founded in 1996 and is headquartered in Fremont, California.

BANCO SANTANDER-CHILE-ADR (NYSE:SAN) - Banco Santander Chile, together with its subsidiaries, provides various commercial and retail banking products and services primarily in Chile. The companys deposit products include time deposits, demand deposits, and checking accounts. It also offers Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade financing, foreign currency forward contracts, and credit lines; retail banking services, including mortgage financing; and commercial and consumer loans, residential and general mortgage loans, and foreign trade loans. In addition, the company provides various financial services, including financial leasing, financial advisory services, mutual fund management, securities brokerage, insurance brokerage, and investment management. As of December 31, 2008, it operated a network of 477 branches. The company was founded in 1977 and is based in Santiago, Chile.

CORPBANCA SA-ADR (NYSE:BCA) - CORPBANCA and its subsidiaries provide various commercial and retail banking services in Chile. The company accepts checking accounts, savings accounts, and time deposits. Its loan portfolio includes commercial loans; working capital loans; mortgage loans, including residential mortgages for the purchase of new and existing homes, and other mortgages for other purposes secured by real property owned by the customer; consumer loans that comprise personal loans, automotive financing, and university and post-graduate education loans; and syndicated loans. The company also offers trade financing, on-lending of financing, overdraft credit lines, letters of credit, cash flow management services, currency forwards, credit and debit cards, ATM cards, and Internet and telephone banking services. In addition, CORPBANCA provides financial and legal advisory, mutual fund management, insurance brokerage, and securities brokerage services. Further, it offers leasing services relating to commercial real estate, vehicles, and machinery, as well as factoring services by purchasing customers debt portfolios, such as bills, notes, and contracts. As of December 31, 2008, the company operated 109 branch offices in Chile, which include 54 branches operating under the CorpBanca name, and 55 branches operating under the Banco Condell name. It also operated 205 ATMs in Chile. The company was founded in 1871 and is based in Santiago, Chile.

ELONG INC-SPONSORED ADR (NASDAQ:LONG) - eLong, Inc. provides online travel services in the Peoples Republic of China. Its services include hotel information and reservation services, airline reservations, and ticketing services. The company provides travel information and hotel reservations at approximately 7,000 hotels in 400 cities across China, as well as air tickets in approximately 80 cities through its Websites, a call center, telephone booking services, and a reseller network. It also provides non-travel services that comprise wireless services and Internet-related advertising services. The company primarily focuses on the frequent independent travelers who engage in business and leisure travel. eLong, Inc. markets its services through online marketing, traditional media advertising, co-marketing with established brands of other companies, direct marketing, and eLong membership program. The company was founded in 1999 and is headquartered in Beijing, the Peoples Republic of China. eLong, Inc. is a subsidiary of Expedia Asia Pacific.

About BUYINS.NET

BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:

REGULATORY & COMPLIANCE NEWS

Friction Factor -- market maker surveillance system tracking Level II market makers in all stocks to determine Price Friction and compliance with new "Fair Market Making Requirements"

RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO

INVESTMENTS & TRADING

SqueezeTrigger -- 29 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.

GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BUYINS.NET has not been compensated by any of the above mentioned companies. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.

Contact:

BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net www.buyins.net