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VTWG, XRAY, SNA, NOV, UTG, NKE 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. Vanguard Russell 2000 Growth Etf (NASDAQ:VTWG), DENTSPLY INTERNATIONAL INC (NASDAQ:XRAY), SNAP-ON INC (NYSE:SNA), NATIONAL OILWELL VARCO INC (NYSE:NOV), REAVES UTILITY INCOME FUND (AMEX:UTG), NIKE INC -CL B (NYSE:NKE) 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  
     VTWG       Vanguard Russell 2000 Growth Etf     TrendDayDown                        Technical               5         
     XRAY       DENTSPLY INTERNATIONAL INC          DownBigVL5day, AboveSMA200          Technical               2         
     SNA        SNAP-ON INC                         CrossAboveSMA50, 1st Quarter        Technical               2         
     NOV        NATIONAL OILWELL VARCO INC          TrendDayDown, March                 Technical               5         
     UTG        REAVES UTILITY INCOME FUND          DownBigVL5day, AboveSMA200          Technical               4         
     NKE        NIKE INC -CL B                      CrossBelowSMA200, 1st Quarter       Technical               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

Vanguard Russell 2000 Growth Etf (NASDAQ:VTWG) -

DENTSPLY INTERNATIONAL INC (NASDAQ:XRAY) - DENTSPLY International Inc. designs, develops, manufactures, and markets dental consumable products, dental laboratory products, and dental specialty products worldwide. The companys dental consumable products include dental sundries, such as dental anesthetics, prophylaxis paste, dental sealants, impression materials, restorative materials, tooth whiteners, and topical fluoride; and small equipment, including high and low speed handpieces, intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers used in dental offices. Its dental laboratory products comprise dental prosthetics, including artificial teeth, precious metal dental alloys, dental ceramics, and crown and bridge materials, as well as equipment, such as computer aided machining ceramic systems, and porcelain furnaces used in the preparation of dental appliances by dental laboratories. The companys dental specialty products consist of endodontic instruments and materials, implants and related products, bone grafting materials, 3D digital implantology, and orthodontic appliances and accessories. It primarily serves dentists, dental hygienists, dental assistants, dental laboratories, and dental schools. DENTSPLY International sells its products through distributors, dealers, and importers. The company was founded in 1983 and is headquartered in York, Pennsylvania.

SNAP-ON INC (NYSE:SNA) - Snap-on Incorporated manufactures and markets tools, diagnostics, equipment, software, and service solutions for professional users in the United States, the United Kingdom, Canada, Germany, Japan, France, Australia, Spain, the Netherlands, Italy, China, and Sweden. Its products include hand tools, such as wrenches, screwdrivers, sockets, pliers, ratchets, saws and cutting tools, pruning tools, torque measuring instruments, and other similar products; power tools, such as pneumatic, hydraulic, cordless, and corded tools; and tool storage products comprising tool chests, roll cabinets, and tool control systems. The company s diagnostics and repair information products include handheld and PC-based diagnostics products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems, business services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics to manage and track performance. Snap-on s equipment products comprise solutions for the diagnosis and service of automotive and industrial equipment, such as wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane systems, collision repair equipment, air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists. The company also provides financial services, including loans and vehicle leases to franchisees; loans to the franchisees customers; and loans to its industrial and other customers for the purchase of tools, equipment, and diagnostics products on an extended-term payment plan. It sells its products and services through mobile vans, franchisees, company-direct sales, distributors, and the Internet. The company was founded in 1920 and is based in Kenosha, Wisconsin.

NATIONAL OILWELL VARCO INC (NYSE:NOV) - National Oilwell Varco, Inc. designs, constructs, manufactures, and sells systems, components, and products used in oil and gas drilling and production; provides oilfield services and supplies; and distributes products, and provides supply chain integration services to the upstream oil and gas industry worldwide. The company operates through three business segments: Rig Technology, Petroleum Services & Supplies, and Distribution Services. The Rig Technology segment offers offshore and onshore drilling rigs; derricks; pipe lifting, racking, rotating, and assembly systems; rig instrumentation systems; coiled tubing equipment and pressure pumping units; well workover rigs; wireline winches; and cranes. The Petroleum Services & Supplies segment manufactures, rents, and sells consumable goods for use in drilling operations, including drill pipe, wired drill pipe, transfer pumps, solids control systems, drilling motors, drill bits, reamers and other down hole tools, and mud pump consumables. This segment also provides oilfield tubular services comprising the provision of inspection and internal coating services; equipment for drill pipe, line pipe, tubing, casing, and pipelines; and coiled tubing pipes and composite pipes. The Distribution Services segment sells maintenance, repair and operating supplies, and spare parts to drill site and production locations. The company primarily serves drilling contractors, shipyards and other rig fabricators, well servicing companies, pressure pumping companies, national oil companies, independent oil and gas companies, supply stores, and pipe-running service providers. It has joint venture agreements with Schlumberger, Ltd. and Austrian based Voestalpine Group. The company was founded in 1862 and is based in Houston, Texas.

REAVES UTILITY INCOME FUND (AMEX:UTG) - REAVES UTILITY INC

NIKE INC -CL B (NYSE:NKE) - NIKE, Inc. designs, develops, and markets footwear, apparel, equipment, and accessory products for men, women, and children worldwide. The company offers footwear in the categories of running, training, basketball, soccer, sport-inspired casual shoes, and kids shoes. It also provides footwear for aquatic activities, baseball, cheerleading, football, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and other athletic and recreational uses. In addition, the company sells sports apparel and accessories, sports-inspired lifestyle apparel, and athletic bags and accessory items, as well as apparel with licensed college and professional team and league logos. Further, it offers performance equipment, including bags, socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities under the NIKE brand name. The company sells its products primarily through its retail stores and e-commerce, retail accounts, independent distributors, franchisees, and licensees. As of May 31, 2010, it operated 346 retail stores in the United States and 343 retail stores internationally. The company was founded in 1964 and is headquartered in Beaverton, Oregon.

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