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Thu, March 17, 2011

SO, ATW, NUE, JEQ, DUK, UMBF Expected to Trade Up After Bullish Patterns Develop


Published on 2011-03-17 07:27:22 - WOPRAI
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March 17, 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. SOUTHERN CO (NYSE:SO), ATWOOD OCEANICS INC (NYSE:ATW), NUCOR CORP (NYSE:NUE), JAPAN EQUITY FUND (NYSE:JEQ), DUKE ENERGY CORP (NYSE:DUK), UMB FINANCIAL CORP (NASDAQ:UMBF) 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  
     SO         SOUTHERN CO                         CloseBelowLowerBoll, CloseBelowLowerBoll[-1], March     Technical               2         
     ATW        ATWOOD OCEANICS INC                 TrendDayDown, 1st Quarter           Technical               2         
     NUE        NUCOR CORP                          TrendDayDown, 1st Quarter           Technical               1         
     JEQ        JAPAN EQUITY FUND                   DownXL, CloseBelowLowerBoll, CloseBelowLowerBoll[-1], BelowSMA200     Technical               3         
     DUK        DUKE ENERGY CORP                    DownBigVL5day, March                Technical               3         
     UMBF       UMB FINANCIAL CORP                  TrendDayDown, March                 Technical               1         
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

SOUTHERN CO (NYSE:SO) - Southern Company, through its subsidiaries, operates as a utility company that provides electric service in the southeastern United States. The company generates, transmits, and distributes electricity through coal, nuclear, oil and gas, and hydro resources. It offers electric service primarily in Alabama, Georgia, Florida, and Mississippi; and serves approximately 4.4 million retail customers with approximately 42,000 megawatts of generating capacity. Southern Company also constructs, acquires, owns, and manages generation assets and sells electricity in the wholesale market. Its transmission assets include 27,000 miles of transmission lines and 3,400 substations. The company also provides digital wireless communications, such as push to talk, cellular service, text messaging, wireless Internet access, and wireless data to approximately 300,000 subscribers in the southeast; and wholesale fiber optic solutions to telecommunication providers under the name Southern Telecom. The company was founded in 1945 and is headquartered in Atlanta, Georgia.

ATWOOD OCEANICS INC (NYSE:ATW) - Atwood Oceanics, Inc., together with its subsidiaries, engages in offshore drilling, and the completion of exploratory and developmental oil and gas wells. It also provides support, management, and consulting services. The company owns semisubmersible rigs, semisubmersible tender assist rigs, jack-up drilling rigs, and submersible drilling rigs. As of September 30, 2009, it operated nine offshore mobile drilling units located in offshore Southeast Asia, offshore Africa, offshore Australia, the Mediterranean Sea, and the U.S. Gulf of Mexico. The company was founded in 1968 and is headquartered in Houston, Texas.

NUCOR CORP (NYSE:NUE) - Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. The company operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment offers hot-rolled steel products, including angles, rounds, flats, channels, sheet, wide-flange beams, pilings, billets, blooms, beam blanks, and plates; and cold-rolled steel products. The Steel Products segment provides steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, light gauge steel framing, steel grating and expanded metal, and wire and wire mesh. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap products. The companys operations also include international trading companies that buy and sell steel and steel products. It sells its hot-rolled steel and cold-rolled steel to steel service centers, fabricators, and manufacturers; steel joists and joist girders, and steel deck to general contractors and fabricators; and cold finished steel and steel fasteners to distributors and manufacturers. The companys products are used in highways, bridges, reservoirs, utilities, hospitals, schools, airports, stadiums, and high-rise buildings. Nucor Corporation was founded in 1940 and is based in Charlotte, North Carolina.

JAPAN EQUITY FUND (NYSE:JEQ) - Japan Equity Fund Inc

DUKE ENERGY CORP (NYSE:DUK) - Duke Energy Corporation operates as an energy company in the Americas. It operates through three segments: U.S. Franchised Electric and Gas, Commercial Power, and International Energy. The companys U.S. Franchised Electric and Gas segment generates, transmits, distributes, and sells electricity in central and western North Carolina, western South Carolina, southwestern Ohio, Indiana, and northern Kentucky; and transports and sells natural gas in southwestern Ohio and northern Kentucky. This segment supplies electric service to approximately 4 million residential, commercial, and industrial customers with approximately 151,600 miles of distribution lines and a 20,900 mile transmission system. Its Commercial Power segment offers onsite energy solutions and utility services. This segment owns, operates, and manages power plants; and engages in the wholesale marketing and procurement of electric power, fuel, and emission allowances related to plants. It also develops and implements customized energy solutions. The companys International Energy segment operates and manages power generation facilities, and sells and markets electric power and natural gas outside the United States. This segment serves retail distributors, electric utilities, independent power producers, marketers, and industrial/commercial companies. It also develops, owns, and operates a fiber optic communications network, primarily in the Southeast U.S, serving wireless, local, and long-distance communications companies, as well as Internet service providers, and other businesses and organizations. The company was founded in 1916 and is based in Charlotte, North Carolina.

UMB FINANCIAL CORP (NASDAQ:UMBF) - UMB Financial Corporation, a multi-bank holding company, provides banking and other financial services in the United States. The company offers commercial loans and lines of credit, letters of credit, and loan syndication services; and asset-based financing, asset securitization, equity and mezzanine financing, factoring, private and public placement of senior debt, and merger and acquisition consulting services. It also provides account reconciliation services, automated clearing house, controlled disbursements, lockbox, foreign exchange, and various card products and services; health savings account and flexible savings account products for healthcare providers, third-party administrators, and employers; and bond trading transactions, cash letter collections, FiServ account processing, investment portfolio accounting and safekeeping, reporting for asset/liability management, and Fed funds transactions, as well as underwritings of municipal and government agency securities. In addition, the company offers deposit accounts, installment loans, credit cards, home equity lines of credit, residential mortgages, small business loans, and insurance services; investment advisory, trust, and custody services to personal and institutional clients; and corporate trust services, including serving as corporate and municipal bond trustee, serving as the paying agent/registrar for issued bonds and notes, and providing escrow services. Further, it provides fund administration and accounting, investor services and transfer agency, cash management, marketing and distribution, custody, and alternative investment services for mutual funds, partnerships, and funds of funds. As of December 31, 2009, the company owned and operated 4 main banking centers with 135 detached branch facilities in Missouri, Kansas, Colorado, Illinois, Oklahoma, Arizona, Nebraska, Wisconsin, Indiana, and Pennsylvania. UMB Financial Corporation was founded in 1967 and is headquartered in Kansas City, Missouri.

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