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Thu, April 14, 2011

SUBK, PIKE, CCOI, HQS, SDTH, OMEX Expected to Trade Down After Bearish Patterns Develop


Published on 2011-04-14 05:11:47 - WOPRAI
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April 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. SUFFOLK BANCORP (NASDAQ:SUBK), PIKE ELECTRIC CORP (NYSE:PIKE), COGENT COMMUNICATIONS GROUP (NASDAQ:CCOI), HQ SUSTAINABLE MARITIME INDU (AMEX:HQS), SHENGDATECH INC (NASDAQ:SDTH), ODYSSEY MARINE EXPLORATION (NASDAQ:OMEX) 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  
     SUBK       SUFFOLK BANCORP                     Trending (Stocks) DO                Common Gap              3         
     PIKE       PIKE ELECTRIC CORP                  Breakout (Stocks) DO                Trend Line Break(5+)     3         
     CCOI       COGENT COMMUNICATIONS GROUP         Breakout (Stocks) DO                Trend Line Break(5+)     2         
     HQS        HQ SUSTAINABLE MARITIME INDU        Breakout (Stocks) DO                Breakaway Gap           1         
     SDTH       SHENGDATECH INC                     Trending (Stocks) DO                Support Break(1)        3         
     OMEX       ODYSSEY MARINE EXPLORATION          Reversal (Stocks) DWC               Trend Line Break(4)     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

SUFFOLK BANCORP (NASDAQ:SUBK) - Suffolk Bancorp operates as the holding company for Suffolk County National Bank that provides domestic, retail, and commercial banking services to small and medium-sized commercial enterprises, professionals, and individual consumers in Suffolk County, New York. The company offers various deposit products, including demand, checking, savings, money market, negotiable-order-of-withdrawal, holiday club, and individual retirement accounts, as well as time, savings, and term certificates. Its loan portfolio comprises commercial, agricultural, installment, mobile home, automobile, inter-bank overnight, and home equity and real estate mortgage loans. In addition, the company provides safe deposit boxes, and trust and estate services, as well as engages in the sale of mutual funds and annuities, and the maintenance of a master pension plan for self-employed individuals participation. Further, it serves as an indirect lender to the customers of various automobile dealers; and offers sale-repurchase agreements services. As of February 23, 2010, Suffolk Bancorp operated 29 offices. The company was founded in 1890 and is headquartered in Riverhead, New York.

PIKE ELECTRIC CORP (NYSE:PIKE) - Pike Electric Corporation and its subsidiaries provide energy solutions for utilities, municipalities, and co-operatives in the United States. The companys services include siting, permitting, engineering design, installation, maintenance, and repair of power delivery systems, including renewable energy projects. Its planning and siting process leverages technology and the collection of environmental, cultural, land use, and scientific data to facilitate negotiations and permitting for powerlines, substations, pipelines, and renewable energy installations. The company also provides design, engineering, procurement and construction, owner engineer, project management, multi-entity coordination, grid integration, balance-of-plant, and thermal rate solutions for individual or turnkey powerline, substation, and renewable energy projects. In addition, it offers overhead and underground powerline construction, up gradation, and extension services for distribution networks and transmission lines with voltages up to 345kV, energized maintenance work for voltages up to 500kV, and substation construction and service. Further, Pike Electric Corporation provides a total energy solution platform, including preliminary studies, planning, siting and permitting, engineering and design, construction, procurement, and grid interconnection services. Additionally, it offers storm restoration services, which include the repair or reconstruction of parts of a distribution or sub-500 kV transmission network comprising substations, power lines, utility poles, or other components damaged during flash floods, hurricanes, tornadoes, and snow, ice, or wind storms, as well as other natural disasters. Pike Electric Corporation was founded in 1945 and is headquartered in Mount Airy, North Carolina.

COGENT COMMUNICATIONS GROUP (NASDAQ:CCOI) - Cogent Communications Group, Inc., together with subsidiaries, provides high-speed Internet access and Internet Protocol, or communications services to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. It offers on-net services to the customers in multi-tenant office buildings, including law firms, financial services firms, advertising and marketing firms, and other professional services businesses, as well as to bandwidth-intensive users, such as universities, Internet service providers, and commercial content providers. The company also provides Internet connectivity to customers that are not located in buildings directly connected to the companys network. In addition, it offers dial-up Internet access services and voice services. Further, the company operates data centers that allow customers to co-locate their equipment and access the companys network. Cogent Communications Group markets its services primarily through direct sales personnel in North America and Europe. The company was founded in 1999 and is headquartered in Washington, D.C.

HQ SUSTAINABLE MARITIME INDU (AMEX:HQS) - HQ Sustainable Maritime Industries, Inc., together with its subsidiaries, operates as an integrated aquatic product producing, processing, and farming company in the Peoples Republic of China, Europe, and Asia. Its principal products include cross-bred hybrid of tilapia and white-legged shrimp that are exported to the United States, Canada, Japan, and European countries. The company also engages in the production and sale of marine bio-products and healthcare products comprising shark cartilage capsule, shark liver oil, and shark liver. HQ Sustainable Maritime also produces nutraceuticals generated from palm oil and other natural or organic matters for tilapia and shrimp. The company was founded in 1989 and is headquartered in Seattle, Washington.

SHENGDATECH INC (NASDAQ:SDTH) - ShengdaTech, Inc. engages in manufacturing, marketing, and selling nano precipitated calcium carbonate (NPCC) products in China. The company converts limestone into NPCC using its proprietary technology co-developed with Tsinghua University. It sells its products through a direct sales force. The company serves customers in the tire, polyvinyl chloride building materials, ink, paint, latex, adhesive, paper, and polyethylene industries. ShengdaTech also exports its products to Singapore, Thailand, South Korea, Malaysia, India, and Israel. The company was founded in 2005 and is based in Shanghai, China.

ODYSSEY MARINE EXPLORATION (NASDAQ:OMEX) - Odyssey Marine Exploration, Inc. engages in the exploration and recovery of deep-ocean shipwrecks worldwide. The company sells coins, artifacts, and merchandise, as well as leases its themed attraction exhibit and expedition charters. It sells coins and artifacts through dealers. The company was founded in 1986 and is headquartered in Tampa, Florida.

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