FBP, KLIC, CHTP, RUTH, CPLA, HWAY Expected to Trade Up After Bullish Patterns Develop
June 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 Up in the coming weeks. FIRST BANCORP PUERTO RICO (NYSE:FBP), KULICKE & SOFFA INDUSTRIES (NASDAQ:KLIC), CHELSEA THERAPEUTICS INTERNA (NASDAQ:CHTP), RUTH'S HOSPITALITY GROUP INC (NASDAQ:RUTH), CAPELLA EDUCATION CO (NASDAQ:CPLA), HEALTHWAYS INC (NASDAQ:HWAY) 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 FBP FIRST BANCORP PUERTO RICO Breakout (Stocks) DO Trend Line Break(5+) 1 KLIC KULICKE & SOFFA INDUSTRIES Breakout (Stocks) DO Trend Line Break(3) 2 CHTP CHELSEA THERAPEUTICS INTERNA Breakout (Stocks) DO Trend Line Break(4) 5 RUTH RUTH'S HOSPITALITY GROUP INC Breakout (Stocks) DO (+1) Resistance Break(1) 4 CPLA CAPELLA EDUCATION CO Reversal (Stocks) DWC Broadening Continuation 3 HWAY HEALTHWAYS INC Breakout (Stocks) DO Trend Line Reversal(5+) 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
FIRST BANCORP PUERTO RICO (NYSE:FBP) - First BanCorp operates as the holding company for FirstBank Puerto Rico that provides a range of financial services and products to retail, commercial, and institutional clients in Puerto Rico, the United States, and the British Virgin Islands. The company offers various deposit products, such as interest-bearing and non-interest bearing checking and savings accounts; individual retirement accounts; and retail certificates of deposit. It also provides commercial loans, including commercial real estate and construction loans; and auto, boat, personal, small loans, as well as lines of credit. In addition, the company involves in the origination, sale, and servicing of various residential mortgage loan products. Further, it offers cash management and business management services. Additionally, the company offers vehicle leasing, insurance agency, municipal bond underwriting, financial advisory, international banking, finance lease, and broker-dealer services. As of February 1, 2010, it operated 186 branches, stand-alone offices, and in-branch service centers. First BanCorp was founded in 1948 and is headquartered in San Juan, Puerto Rico.
KULICKE & SOFFA INDUSTRIES (NASDAQ:KLIC) - Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and expendable tools, as well as services, maintains, repairs, and upgrades equipment, used to assemble semiconductor devices. It operates in two segments, Equipment and Expendable Tools. The Equipment segment manufactures and sells a line of ball bonders, heavy wire wedge bonders, and die bonders. Ball bonders are used to connect very fine wires, primarily made of gold or copper, between the bond pads of the semiconductor device or die, and the leads on its package. Heavy wire wedge bonders are used in the power semiconductor and automotive power module markets. Die bonders are used to attach a die to the substrate or lead frame, which will house the semiconductor device. The Expendable Tools segment manufactures various expendable tools for a range of semiconductor packaging applications. Its expendable tools include capillaries, bonding wedges, and saw blades. The company serves primarily semiconductor device manufacturers, their subcontract assembly suppliers, other electronics manufacturers, and automotive electronics suppliers in the United States and the Asia/Pacific region. It sells its products through direct sales force, manufacturers representatives, and distributors. The company was founded in 1951 and is headquartered in Fort Washington, Pennsylvania.
CHELSEA THERAPEUTICS INTERNA (NASDAQ:CHTP) - Chelsea Therapeutics International, Ltd., a development stage pharmaceutical company, focuses on the acquisition, development, and commercialization of pharmaceutical products for the treatment of various human diseases. The companys compounds target various prevalent medical conditions, primarily rheumatoid arthritis, psoriasis, cancer, other immunological disorders, and neurogenic orthostatic hypotension associated with Parkinsons disease and other autonomic disorders. It offers Droxidopa, an orally active synthetic precursor of norepinephrine for the treatment of symptomatic neurogenic orthostatic hypotension, freezing gait in Parkinsons disease, and intradialytic hypotension in Japan. The company develops droxidopa in three indications, such as neurogenic orthostatic hypotension, intradialytic hypotension, and fibromyalgia. It also develops a portfolio of molecules for the treatment of various autoimmune/inflammatory diseases, such as a portfolio of metabolically inert antifolate molecules, including CH-1504 for the treatment of rheumatoid arthritis that is in a phase II head-to-head clinical trial; and CH-4051, which completed the phase I study designed to determine the maximum tolerated dose based on results of single-ascending and multiple-ascending dose evaluations. In addition, the company develops antifolate program, a platform consisting of a portfolio of dihydroorotate dehydrogenase(DHODH), inhibiting compounds known as the I-3D portfolio, a group of orally active compounds that inhibit the enzyme DHODH for the treatment of autoimmune diseases and transplant rejection. Chelsea Therapeutics International, Ltd. was founded in 2002 and is headquartered in Charlotte, North Carolina.
RUTH'S HOSPITALITY GROUP INC (NASDAQ:RUTH) - Ruths Chris Steak House Inc., together with its subsidiaries, operates steakhouses, with company-owned and franchisee-owned restaurants in the U.S. Its restaurants offer food, beverages, and other services. As of Apr. 18, 2007, it owned and franchised approximately 106 locations worldwide. The company was founded in 1965 and is headquartered in Heathrow, Fla.
CAPELLA EDUCATION CO (NASDAQ:CPLA) - Capella Education Company, through its subsidiary, Capella University, provides online post-secondary education services in the United States. It offers a range of doctoral, masters, and bachelors programs in various markets, such as behavioral health and human services, business management and technology, and education and public service leadership primarily for working adults. The company also provides various learner support services comprising academic services, such as new learner orientation, technical support, academic advising, research services for doctoral degree candidates, writing services, and online tutoring; and administrative services consisting of registration for classes, application for financial aid, paying tuition, and accessing their billing statements and transcripts online. In addition, its learner support services include library services with access to collection of online journals, eBooks, and interlibrary loan services; and career counseling services that comprise individualized phone, e-mail and face-to-face communications, online newsletters, online seminars, and conference calls to provide career planning services to learners and alumni. As of December 31, 2009, it offered approximately 1,050 online courses and 36 academic programs with 124 specializations to approximately 34,000 learners. Capella Education Company was founded in 1991 and is headquartered in Minneapolis, Minnesota.
HEALTHWAYS INC (NASDAQ:HWAY) - Healthways, Inc. provides specialized, comprehensive solutions to assist people in maintaining or improving their health and well-being. Its solutions are designed to assist healthy individuals stay healthy, mitigate, and slow the progression of disease associated with family or lifestyle risk factors; and promote the possible health for those already affected by disease. The companys evidence-based programs provide specific and personalized interventions for each individual in a population, irrespective of age or health status, and are delivered to consumers by phone, mail, Internet, and face-to-face interactions. Healthways, Inc. also provides a national, fully accredited complementary and alternative Health Provider Network, and a national Fitness Center Network, offering access to individuals who seek health services outside of, and in conjunction with, the traditional healthcare system. The company delivers its programs to various customers, including health plans, governments, employers, pharmacy benefit managers, and hospitals in the United States and internationally. It operates care enhancement and coaching centers staffed with licensed health professionals, as well as a network of complementary and alternative medicine and chiropractic practitioners. The company was founded in 1981 and is headquartered in Franklin, Tennessee.
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