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RCII, ALTR Expected to Trade Up After Bullish Patterns Develop

March 21, 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. RENT-A-CENTER INC (NASDAQ:RCII), ALTERA CORP (NASDAQ:ALTR) 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  
     RCII       RENT-A-CENTER INC                   ExtraHighVol, March                 Technical               5         
     ALTR       ALTERA CORP                         CrossBelowSMA50, 1st Quarter        Technical               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

RENT-A-CENTER INC (NASDAQ:RCII) - Rent-A-Center, Inc., together with its subsidiaries, primarily engages in leasing household durable goods to customers on a rent-to-own basis in the United States. The company operates stores that offer durable products, such as consumer electronics, appliances, computers, and furniture and accessories under flexible rental purchase agreements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period. As of December 31, 2009, it operated 3,007 company-owned stores in the United States, and in Canada and Puerto Rico, including 39 retail installment sales stores under the names Get It Now and Home Choice; and 18 rent-to-own stores located in Canada under the names Rent-A-Centre and Better Living. The company, through its subsidiary, ColorTyme, also operates as a national franchisor of rent-to-own stores. ColorTyme had 210 franchised rent-to-own stores in 33 states. The company also offers financial services products, such as short term secured and unsecured loans, debit cards, check cashing, tax preparation, and money transfer services in some of its existing stores under the trade names RAC Financial Services and Cash AdvantEdge. It offered some or all of these financial services products in 353 Rent-A-Center store locations in 17 states. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.

ALTERA CORP (NASDAQ:ALTR) - Altera Corp. designs, manufactures, and markets programmable logic devices (plds); structured application-specific integrated circuit devices; predefined design building blocks or intellectual-property cores; and associated development tools. Its programmable logic devices are semiconductor integrated circuits. Altera also provides HardCopy, HardCopy II, and other masked programmed logic devices, configuration devices, development software, and other tools and intellectual-property cores. Altera was founded in 1983 and is headquartered in San Jose, Calif.

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