FSIN, APP, FRM, OMEX, BOLT, BWEN Expected to Trade Up After Bullish Patterns Develop
April 20, 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. FUSHI COPPERWELD INC (NASDAQ:FSIN), AMERICAN APPAREL INC (AMEX:APP), FURMANITE CORP (NYSE:FRM), ODYSSEY MARINE EXPLORATION (NASDAQ:OMEX), BOLT TECHNOLOGY CORP (NASDAQ:BOLT), BROADWIND ENERGY INC (NASDAQ:BWEN) 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 FSIN FUSHI COPPERWELD INC Reversal (Stocks) DWC Broadening Continuation 1 APP AMERICAN APPAREL INC Breakout (Stocks) DO Trend Line Break(2) 5 FRM FURMANITE CORP Reversal (Stocks) DWC Resistance Break(1) 5 OMEX ODYSSEY MARINE EXPLORATION Reversal (Stocks) DWC Trend Line Break(3) 5 BOLT BOLT TECHNOLOGY CORP Reversal (Stocks) DWC Breakaway Gap 5 BWEN BROADWIND ENERGY INC Breakout (Stocks) DO Trend Line Break(3) 1Chart 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
FUSHI COPPERWELD INC (NASDAQ:FSIN) - Fushi Copperweld, Inc., through its subsidiaries, develops, designs, manufactures, markets, and distributes bimetallic wire products, principally copper-clad aluminum (CCA) and copper-clad steel (CCS). Its CCA and CCS conductors are used as a substitute for solid copper conductors in applications where specific electrical or physical attributes are necessary. The company markets its products under Copperweld and Fushi brand names. It primarily serves end-user applications in the telecommunication, electrical utility, and transportation markets. The companys CCS products in the utility market are used in grounding applications, power cables, electrified railroad tracks, and tracer wires. Its CCS and CCA wires in transportation market are used in original equipment and aftermarket applications for electrified rail applications, as well as in automobiles, trucks, motorcycles, commercial off road equipment, and trailers. The company sells its products through its direct sales force, as well as through sales agents or distributors primarily in North America, Europe, North Africa, the Middle East, and the Peoples Republic of China. Fushi Copperweld, Inc. is based in Beijing, the Peoples Republic of China.
AMERICAN APPAREL INC (AMEX:APP) - American Apparel, Inc. engages in the design, manufacture, and retail of fashion apparel for women, men, children, and pets. It primarily offers T-shirts, denim, sweaters, and jackets. The company also operates a wholesale business that supplies T-shirts and other casual wear to authorized distributors, screen printers, and advertising specialty companies. American Apparel sells its products through retail and wholesale distribution channels, as well as through its online retail e-commerce Web site, americanapparel.com. As of March 20, 2010, it operated 280 retail stores in 20 countries, including the United States, Canada, Mexico, Brazil, the United Kingdom, Ireland, Austria, Belgium, France, Germany, Italy, the Netherlands, Spain, Sweden, Switzerland, Israel, Australia, Japan, South Korea, and China. The company was founded in 1998 and is headquartered in Los Angeles, California.
FURMANITE CORP (NYSE:FRM) - Furmanite Corporation, through its subsidiaries, provides technical services in Europe, North America, Latin America, the Middle East, Africa, and the Asia Pacific. It provides on-line repairs of leaks in valves, pipes, and other components of piping systems and related equipment used in flow-process industries; and on-site machining, bolting, valve repair, heat treating, and repair on such systems and equipment. The company also offers hot topping, line stopping, composite repair, and valve testing services and other engineering services, as well as provides diagnostic services for valves through its patented Trevitest system. In addition, it provides concrete repair, valve and other product manufacturing, and heat exchanger design and repair services. Additionally, the company offers consulting and other support services to federal government agencies. It serves petroleum refineries, chemical plants, mining operations, offshore energy production platforms, steel mills, nuclear power stations, conventional power stations, pulp and paper mills, food and beverage processing plants, and other flow-process facilities. The company was formerly known as Xanser Corporation and changed its name to Furmanite Corporation in May 2007. Furmanite Corporation was founded in 1952 and is headquartered in Richardson, Texas.
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.
BOLT TECHNOLOGY CORP (NASDAQ:BOLT) - Bolt Technology Corporation engages in the manufacture and sale of marine seismic data acquisition equipment to the oil and gas industry worldwide. It operates in three segments: Seismic Energy Sources, Underwater Cables and Connectors, and Seismic Energy Source Controllers. The Seismic Energy Sources segment develops, manufactures, and sells marine seismic energy sources (air guns) and replacement parts. The Underwater Cables and Connectors segment provides underwater cables, connectors, hydrophones, depth and pressure transducers, and seismic source monitoring systems. The Seismic Energy Source Controllers segment offers air gun controllers/synchronizers, data loggers, and auxiliary equipment. The company serves marine seismic exploration contractors and oil and gas companies. Bolt Technology was founded in 1960 and is based in Norwalk, Connecticut.
BROADWIND ENERGY INC (NASDAQ:BWEN) - Broadwind Energy, Inc. provides products and services to the wind energy industry primarily in the United States. Its Towers segment manufactures wind towers designed for 2 megawatt and larger wind turbines. This segment also offers other specialty weldments and structures for industrial customers. The companys Gearing segment manufactures precision gearing systems, as well as products for industrial markets, including mining and oilfield equipment. Its Technical and Engineering Services segment offers construction support, and operations and maintenance services that include assembly of towers, nacelles, blades, and other components; customer support; preventive maintenance; wind technician training; and repair and engineering services. This segment also conducts warranty inspections, commissions turbines, and provides technical assistance. In addition, it provides specialty services comprising oil change-out, up-tower tooling for gearing systems, drive-train and blade repairs, and component replacement; builds replacement control panels for kilowatt class wind turbines; and repairs kilowatt and megawatt blades. The companys Logistics segment offers transportation, permitting, and logistics management services for oversize and overweight machinery and equipment by delivering turbines to the installation site, including blades, nacelles and tower sections for final erection. This segment also focuses on the project management of the delivery of complete wind turbine farms. The company provides its products and services to various wind energy customers that include wind turbine manufacturers, wind farm developers, and wind farm operators, as well as oil and gas, mining, and other industries. It sells its products through its sales force and manufacturers' representatives. The company was formerly known as Tower Tech Holdings Inc. and changed its name to Broadwind Energy, Inc. in 2008. Broadwind Energy, Inc. is headquartered in Naperville, Illinois.
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