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Thu, April 14, 2011

TGE, PCTI, WTS, LFUS, MTEX, BANF Expected to Trade Down After Bearish Patterns Develop


Published on 2011-04-14 05:11:01 - 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. T.G.C. INDUSTRIES INC (NASDAQ:TGE), PC-TEL INC (NASDAQ:PCTI), WATTS WATER TECHNOLOGIES-A (NYSE:WTS), LITTELFUSE INC (NASDAQ:LFUS), MANNATECH INC (NASDAQ:MTEX), BANCFIRST CORP (NASDAQ:BANF) 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  
     TGE        T.G.C. INDUSTRIES INC               Reversal (Stocks) DWC               Rounded Top             1         
     PCTI       PC-TEL INC                          Reversal (Stocks) DWC               Broadening Top          5         
     WTS        WATTS WATER TECHNOLOGIES-A          Breakout (Stocks) DO                Broadening Continuation     1         
     LFUS       LITTELFUSE INC                      Reversal (Stocks) DWC               Trend Line Reversal(5+)     3         
     MTEX       MANNATECH INC                       Reversal (Stocks) DWC               Support Break(1)        3         
     BANF       BANCFIRST CORP                      Trending (Stocks) DO                Trend Line Break(3)     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

T.G.C. INDUSTRIES INC (NASDAQ:TGE) - TGC Industries Inc. provides geophysical services in the U.S., primarily conducting 3-D seismic surveys and selling gravity data, to companies that perform oil and gas exploration. As of Dec. 31, 2006, TGC operated eight seismic crews, which supplied data to companies engaged in the domestic exploration and development of oil and natural gas on land and in land-to-water transition areas. The company was founded in 1967 and is headquartered in Plano, Tex.

PC-TEL INC (NASDAQ:PCTI) - PCTEL, Inc. provides propagation and optimization solutions for the wireless industry. The company designs and develops software-based radios for wireless network optimization; and develops and distributes antenna solutions. The companys scanning receivers, receiver-based products, and interference management solutions are used to measure, monitor, and optimize cellular networks. Its antenna solutions address public safety, military, and government applications; Supervisory Control and Data Acquisition (SCADA), health care, energy, and smart grid and agricultural applications; and indoor wireless, wireless backhaul, and cellular applications. PCTEL offers a range of antennas for worldwide interoperability for microwave access (WiMAX), land mobile radio (LMR) antennas, and global positioning system (GPS) antennas that serve applications in telemetry, radio frequency identification (RFID), Wi-Fi, fleet management, and mesh networks. It supplies its products to public and private carriers, wireless infrastructure providers, wireless equipment distributors, value added resellers, and original equipment manufacturers worldwide through direct and indirect channels. The company was founded in 1994 and is based in Bloomingdale, Illinois.

WATTS WATER TECHNOLOGIES-A (NYSE:WTS) - Watts Water Technologies, Inc. designs, manufactures, and sells water safety and flow control products primarily for the water quality, water conservation, water safety, and water flow control markets in North America, Europe, and China. Its products include backflow preventers and check valves for preventing reverse flow within water lines; fire protection systems, point-of-use water filtration and reverse osmosis systems, water supply products, and a range of water pressure regulators for commercial and residential applications; drainage products for industrial, commercial, marine, and residential applications; and temperature and pressure relief valves for water heaters, boilers, and associated systems. The companys products also comprise thermostatic mixing valves for tempering water in commercial and residential applications; systems for under-floor radiant applications and hydraulic pump groups for gas boiler manufacturers and renewable energy applications, including solar and heat pump control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications. Watts Water Technologies sells its products to plumbing, heating, and mechanical wholesale distributors, and do-it-yourself chains; to residential construction, and home repair and remodeling industries through do-it-yourself plumbing retailers, national catalog distribution companies, hardware stores, building material outlets, retail home center chains, and plumbing and heating wholesalers; and directly to original equipment manufacturers and private label accounts. The company was founded in 1874 and is headquartered in North Andover, Massachusetts.

LITTELFUSE INC (NASDAQ:LFUS) - Littelfuse, Inc. designs, manufactures, and sells circuit protection devices for use in the automotive, electronic, and electrical markets in the Americas, Europe, and the Asia-Pacific. The company offers electronic circuit protection products, such as fuses and protectors, positive temperature coefficient resettable fuses, varistors, polymer electrostatic discharge suppressors, discrete transient voltage suppression diodes, TVS diode arrays and protection thyristors, gas discharge tubes, and power switching components, as well as fuseholders, blocks, and related accessories under PICO II, and NANO2 SMF, TECCOR, SIDACtor, and Battrax brand names. It offers its electronic circuit protection products for use in wireless telephones, consumer electronics, computers, modems, telecommunications equipment, telephones, data transmission lines, and alarm systems. The company also provides automotive fuses that are used in automobiles, trucks, buses, and off-road equipment to protect electrical circuits and the wires that supply electrical power to operate lights, heating, air conditioning, radios, windows, and other controls, as well as offers fuses for the protection of electric and hybrid vehicles. It markets its automotive fuse products under ATO, MINI, MAXI, MIDI, MEGA, MasterFuse, JCASE, and CablePro brand names. In addition, Littelfuse manufactures various low-voltage and medium-voltage circuit protection products, such as power fuses that are used in the protection from over-load and short-circuit currents in motor branch circuits, heating and cooling systems, control systems, lighting circuits, and electrical distribution networks to electrical distributors and their customers in the construction, original equipment manufacturers, and industrial maintenance and repair and operating supplies markets. Littelfuse sells its products through direct sales force and manufacturers representatives. The company was founded in 1927 and is headquartered in Chicago, Illinois.

MANNATECH INC (NASDAQ:MTEX) - Mannatech Inc. develops and sells nutritional supplements, topical and skin-care products, and weight-management products. The company sells through a network of independent associates and members in Australia, Britain, Canada, Denmark, Germany, Korea, New Zealand, Taiwan, and the U.S. Mannatech was founded in 1993 and is headquartered in Coppell, Tex.

BANCFIRST CORP (NASDAQ:BANF) - BancFirst Corporation operates as a holding company for BancFirst that provides a range of commercial banking services to retail customers and small to medium-sized businesses in the non-metropolitan trade centers of Oklahoma and the metropolitan markets of Oklahoma City, Tulsa, Lawton, Muskogee, Norman, and Shawnee. The companys retail and commercial banking services include commercial, real estate, agricultural, and consumer lending; depository and funds transfer services; collections; safe deposit boxes; cash management services; retail brokerage services; insurance; and overdraft protection and autodraft services. It offers various deposit services, such as checking, NOW, savings, money market, sweep, club, and individual retirement accounts, as well as certificates of deposit. The companys loan portfolio comprises commercial loans offered to small to medium-sized businesses engaged in light manufacturing, local wholesale and retail trade, commercial and residential real estate development and construction, services, agriculture, and the energy industry; commercial mortgages; working capital lines of credit; and other forms of asset-based financing. BancFirsts loan portfolio also includes financing for automobiles, residential mortgage loans, home equity loans, and other personal loans, as well as guaranteed student and home loans. In addition, the company offers trust services and acts as executor, administrator, trustee, and transfer agent. Further, it offers investment management and administration of trusts for individuals, corporations, and employee benefit plans; and investment options comprising pooled equity and fixed income funds. As of December 31, 2009, BancFirst operated 85 banking locations serving 47 communities in Oklahoma. It was formerly known as United Community Corporation and changed its name to BancFirst Corporation in November 1988. The company was founded in 1984 and is headquartered in Oklahoma City, Oklahoma.

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