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DLA, CHRS Expected to Trade Up After Bullish Patterns Develop

April 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. DELTA APPAREL INC (AMEX:DLA), CHARMING SHOPPES (NASDAQ:CHRS) 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  
     DLA        DELTA APPAREL INC                   50day MA crosses above 200day MA     Golden Cross            4         
     CHRS       CHARMING SHOPPES                    50day MA crosses above 200day MA     Golden Cross            2         

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

DELTA APPAREL INC (AMEX:DLA) - Delta Apparel, Inc., through its subsidiaries, operates as an international design, marketing, manufacturing, and sourcing company that features a diverse portfolio of branded and private label activewear apparel and headwear. The company specializes in selling various casual and athletic products. Its products are sold to specialty and boutique shops, upscale and traditional department stores, mid-tier retailers, sporting goods stores, screen printers, and private label accounts. In addition, the companys certain products are sold to college bookstores and to the U.S. military. The company, through Art Gun, LLC, provides shoppers a virtual art studio to create customized graphics on apparel products. It also directly sells its products to consumers through its Websites www.soffe.com, www.junkfoodclothing.com, and www.deltaapparel.com. The headwear products can be viewed at www.2thegame.com. The company has operations in the United States, Honduras, El Salvador, and Mexico. The company was founded in 1999 and is headquartered in Greenville, South Carolina.

CHARMING SHOPPES (NASDAQ:CHRS) - Charming Shoppes, Inc. operates as a specialty apparel retailer primarily for women in the United States. The company operates retail stores and related e-commerce Web sites under the LANE BRYANT, LANE BRYANT OUTLET, FASHION BUG, and CATHERINES PLUS SIZES names. Its retail stores offer plus-size, misses, sportswear, dresses, coats, and intimate apparel, as well as accessories and casual footwear. The company also sells food and specialty gifts through its FIGIS catalog and related e-commerce Web site. As of January 30, 2010, it operated 2,121 retail stores. The company was founded in 1940 and is headquartered in Bensalem, Pennsylvania.

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