

KELYA, LZB, CRZO, TBBK, MW, FISI Expected to Trade Down After Bearish Patterns Develop
August 18, 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. KELLY SERVICES INC -A (NASDAQ:KELYA), LA-Z-BOY INC (NYSE:LZB), CARRIZO OIL & GAS INC (NASDAQ:CRZO), BANCORP, INC. (THE) (NASDAQ:TBBK), MEN'S WEARHOUSE INC/THE (NYSE:MW), FINANCIAL INSTITUTIONS INC (NASDAQ:FISI) 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 KELYA KELLY SERVICES INC -A Breakout (Stocks) DO Trend Line Reversal(5+) 1 LZB LA-Z-BOY INC Breakout (Stocks) DO Trend Line Reversal(5+) 1 CRZO CARRIZO OIL & GAS INC Breakout (Stocks) DO Volume Climax 1 TBBK BANCORP, INC. (THE) Reversal (Stocks) DWC Broadening Continuation 1 MW MEN'S WEARHOUSE INC/THE Breakout (Stocks) DO Support Reversal(1) 3 FISI FINANCIAL INSTITUTIONS INC Reversal (Stocks) DWC Volume Climax 2Chart 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
KELLY SERVICES INC -A (NASDAQ:KELYA) - Kelly Services, Inc. provides workforce solutions to various industries worldwide. It offers trained employees who work in word processing, data entry, and as administrative support staff; staff for contact centers, technical support hotlines, and telemarketing units; substitute teachers; support staff for seminars, sales, and trade shows; technicians for the technology, aerospace, and pharmaceutical industries; maintenance workers, material handlers, and assemblers; and permanent placement services. The company also provides employees in creative services positions; engineering professionals across various disciplines, such as aeronautical, chemical, civil/structural, electrical/instrumentation, environmental, industrial, mechanical, petroleum, pharmaceutical, quality, and telecommunications; professionals for corporate finance departments, accounting firms, and financial institutions; talent management solutions to the U.S. federal government; healthcare specialists and professionals for work in hospitals, ambulatory care centers, HMOs, and other health insurance companies; and IT specialists. In addition, it offers legal professionals, such as attorneys, paralegals, contract administrators, compliance specialists, and legal administrators; entry-level to Ph.D. professionals to scientific and clinical research industries; chefs, porters, and hospitality representatives; and manual workers to semi-skilled professionals, as well as engages in recruiting professional and technical staff. Further, Kelly Services provides recruitment process outsourcing, contingent workforce outsourcing, independent contractor solutions, business process outsourcing, human resource consulting, career transition, executive search, and vendor management services. The company was founded in 1946 and is headquartered in Troy, Michigan.
LA-Z-BOY INC (NYSE:LZB) - La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery products and wood casegoods furniture products under the La-Z-Boy name in the United States and Canada. It operates in three segments: Upholstery Group, Casegoods Group, and Retail Group. The Upholstery Group segment manufactures and sells upholstered furniture to furniture retailers and proprietary stores. Its products include recliners and motion furniture, sofas, loveseats, chairs, ottomans, sleeper sofas, sectionals, and modulars. The Casegoods Group segment imports, markets, and distributes casegoods (wood) furniture to furniture retailers. Its products include tables, chairs, entertainment centers, headboards, dressers, accent pieces, and various coordinated upholstered furniture. The Retail Group segment sells upholstered furniture, as well as other accessories to end consumers through the retail network. This segment operates 68 company-owned La-Z-Boy Furniture Galleries stores. La-Z-Boy Incorporated also distributes its products through 510 Comfort Studios. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan.
CARRIZO OIL & GAS INC (NASDAQ:CRZO) - Carrizo Oil & Gas, Inc., together with its subsidiaries, engages in the exploration, development, production, and transportation of natural gas and oil primarily in the United States. The company principally focuses on proven and producing natural gas and oil geologic trends in the Barnett Shale area in North Texas; and the Marcellus Shale area in Pennsylvania, New York, West Virginia, and Virginia. It also focuses on other shale plays that include the Eagle Ford in South Texas, Fayetteville in Arkansas, Barnett/Woodford in West Texas/New Mexico, Floyd/Neal in Mississippi, the Bakken in North Dakota, and the New Albany in Kentucky/Illinois; traditional geologic trends along the onshore gulf coast area in Texas, Louisiana, and Alabama primarily in the Miocene, Wilcox, Frio, and Vicksburg trends; the United Kingdom North Sea, including the Huntington Field discovery; and the Camp Hill heavy oil steam flood project in East Texas. As of December 31, 2009, the company had 445 gross oil and natural gas wells. Carrizo Oil & Gas, Inc. was founded in 1993 and is based in Houston, Texas.
BANCORP, INC. (THE) (NASDAQ:TBBK) - The Bancorp, Inc. operates as the holding company for The Bancorp Bank that provides various commercial and retail banking and related products and services to small and mid-size businesses and their principals. The company offers various deposit products, including checking, savings, health savings, money market, individual retirement, and commercial accounts, as well as certificates of deposit and stored value and payroll cards. Its lending activities include commercial term and mortgage lending, commercial lines of credit, construction loans, and direct lease financing, as well as consumer loans, which comprise loans for consumers to finance personal residences, automobiles, home improvements, and other personal needs. The company also provides Internet banking services. It serves Philadelphia, Delaware, Chester, Montgomery, Bucks, and Lehigh counties in Pennsylvania; New Castle county in Delaware; and Mercer, Burlington, Camden, Ocean, and Cape May counties in New Jersey. The company was founded in 1999 and is based in Wilmington, Delaware.
MEN'S WEARHOUSE INC/THE (NYSE:MW) - The Mens Wearhouse, Inc. operates as a specialty retailer of mens suits in the United States and Canada. The company operates its retail apparel stores under Mens Wearhouse, Mens Wearhouse and Tux, and K&G brand names in 47 states in the U.S. and the District of Columbia. It operates its stores in Canada under the brand name Moores Clothing for Men. The companys Mens Wearhouse, Mens Wearhouse and Tux, and Moores Clothing for Men apparel stores offer designer, brand name, and private label merchandise, including suits, sport coats, slacks, formal wear, business casual, sportswear, outerwear, dress shirts, shoes, accessories, and tuxedo rentals. The companys K&G stores offer men's and ladies apparel, including tailored clothing, casual sportswear, dress furnishings, childrens clothing, footwear, and accessories. As of January 30, 2010, the company operated 1259 retail stores, which include 1142 stores in the United States and 117 stores in Canada. In addition, it operates a corporate apparel and uniform program in the Houston, Texas; and a retail dry cleaning and laundry business. The Mens Wearhouse was founded in 1974 and is based in Houston, Texas.
FINANCIAL INSTITUTIONS INC (NASDAQ:FISI) - Financial Institutions, Inc. operates as the holding company for Five Star Bank that provides consumer and commercial banking, and financial services to individuals, municipalities, and businesses in central and western New York. Its deposit accounts consist of noninterest-bearing demand, interest-bearing demand, savings, money market, club, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The companys loan portfolio comprises commercial loans, commercial real estate loans, one-to-four family residential mortgages, consumer automobile loans, recreational vehicle loans, boat loans, home improvement loans, closed-end home equity loans, home equity lines of credit, collateralized and uncollateralized personal loans, deposit account collateralized loans, commercial and agricultural working capital and revolving lines of credit, commercial and agricultural mortgages, equipment loans, and crop and livestock loans. It operates through a network of approximately 51 offices and 70 ATMs in 14 contiguous counties of western and central New York. The company, through its other subsidiary, Five Star Investment Services, Inc., provides brokerage services. Financial Institutions, Inc. was founded in 1931 and is based in Warsaw, New York.
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