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AFCE, CNU, CHCO, BAMM, CWT, NWK Expected to Trade Down After Bearish Patterns Develop

September 1, 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. AFC ENTERPRISES (NASDAQ:AFCE), CONTINUCARE CORP (NYSE:CNU), CITY HOLDING CO (NASDAQ:CHCO), BOOKS-A-MILLION INC (NASDAQ:BAMM), CALIFORNIA WATER SERVICE GRP (NYSE:CWT), NETWORK EQUIPMENT TECH INC (NASDAQ:NWK) 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  
     AFCE       AFC ENTERPRISES                     Breakout (Stocks) DO (+1)           Support Reversal(1)     5         
     CNU        CONTINUCARE CORP                    Breakout (Stocks) DO                Trend Line Break(2)     5         
     CHCO       CITY HOLDING CO                     Trending (Stocks) DO                Support Reversal(1)     3         
     BAMM       BOOKS-A-MILLION INC                 Trending (Stocks) DO                Support Break(1)        3         
     CWT        CALIFORNIA WATER SERVICE GRP        Breakout (Stocks) DO                Trend Line Break(5+)     5         
     NWK        NETWORK EQUIPMENT TECH INC          Breakout (Stocks) DO                Trend Line Break(5+)     5         

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

AFC ENTERPRISES (NASDAQ:AFCE) - AFC Enterprises, Inc. develops, operates, and franchises quick-service restaurants under the trade names of Popeyes Chicken & Biscuits and Popeyes Louisiana Kitchen. As of December 26, 2010, it operated and franchised 1,977 Popeyes restaurants in 45 states, the District of Columbia, Puerto Rico, Guam, the Cayman Islands, and 26 foreign countries. The company was founded in 1972 and is headquartered in Atlanta, Georgia.

CONTINUCARE CORP (NYSE:CNU) - Continucare Corporation, together with its subsidiaries, provides primary care physician services on an outpatient basis in the United States. It provides medical services to patients through physicians, nurse practitioners, and physicians assistants. The company also provides practice management services, including assistance with medical utilization management, pharmacy management, and specialist network development to independent physician affiliates (IPAs). As of June 30, 2009, the company operated a network of 18 medical centers, and provided practice management services to IPAs at 21 medical offices in Miami-Dade, Broward, and Hillsborough counties, Florida. In addition, Continucare Corporation operates and manages sleep diagnostic centers at 13 locations in South Carolina, North Carolina, West Virginia, Virginia, Colorado, and Ohio. These centers conduct sleep studies to determine whether patients suffer from sleep disorders and the severity of the condition. The company was founded in 1996 and is based in Miami, Florida.

CITY HOLDING CO (NASDAQ:CHCO) - City Holding Company operates as the bank holding company for City National Bank of West Virginia that offers community banking services to consumers and local businesses. The companys deposit products comprise time, interest-bearing demand, savings, and non-interest bearing demand deposits. Its loan portfolio includes commercial, residential real estate, residential mortgage, home equity, consumer, and previously securitized loans. The company also offers trust and investment management, and insurance products and services. It serves corporate borrowers primarily in small to mid-size industrial and commercial companies, and automobile dealers, as well as service, retail, and wholesale merchants. As of December 31, 2009, the company offered its products and services through a network of 67 banking offices, including 56 offices in West Virginia, 8 offices in Kentucky, and 3 offices in Ohio, as well as through ATMs, check cards, interactive voice response systems, and Internet technology. City Holding Company was founded in 1982 and is headquartered in Charleston, West Virginia.

BOOKS-A-MILLION INC (NASDAQ:BAMM) - Books-A-Million, Inc. operates as a book retailer in the southeastern United States. The company operates superstores and traditional bookstores that offer a selection of hardcover and paperback books, magazines, and newspapers. It also offers other merchandise, including gifts, cards, collectibles, magazines, music, and DVDs, as well as coffee, tea, and other edible products. The company also offers its products over the Internet at Booksamillion.com. It markets its products under the trademarks of Books-A-Million, BAM! Books-A-Million, Bookland, Books & Co., Millionaires Club, Sweet Water Press, Thanks-A-Million, Big Fat Coloring Book, Up All Night Reader, Read & Save Rebate, Readables Accessories for Readers, Kids-A-Million, Teachers First, The Write-Price, Bambeanos, Hold That Thought, Book$mart, BAMM, BAMM.com, BOOKSAMILLION.com, Chillatte, Joe Muggs Newsstand, Page Pets, JOEMUGGS.com, FAITHPOINT.com, Faithmark, Joe Muggs, Andersons Bookland, Snow Joe, American Wholesale Book Company, AWBC, and NetCentral. As of January 31, 2010, the company operated 223 stores, including 201 superstores under the Books-A-Million and Books & Co. brands; and 22 traditional stores under the Bookland and Books-A-Million brands in 22 states and the District of Columbia. Books-A-Million, Inc. was founded in 1917 and is based in Birmingham, Alabama.

CALIFORNIA WATER SERVICE GRP (NYSE:CWT) - California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It engages in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company also provides non-regulated water-related services, including the operation of water and recycled water systems; leasing communication antenna sites on its properties; meter reading and billing services; sewer and refuse billing services; lab services for water quality testing; selling surplus property; and the marketing and billing of third party insurance programs to residential customers. As of December 31, 2009, it served approximately 467,100 customers in 83 communities in California; 15,600 customers in the Tacoma and Olympia areas in Washington; 7,800 water and wastewater customers in the Belen, Los Lunas, and Elephant Butte areas in New Mexico; and 4,200 water and wastewater customers on the islands of Maui and Hawaii. The company was founded in 1926 and is headquartered in San Jose, California.

NETWORK EQUIPMENT TECH INC (NASDAQ:NWK) - Network Equipment Technologies, Inc. (NET), together with its subsidiaries, engages in the design, development, manufacture, and sale of voice and data telecommunications equipment for multi-service networks and associated services used by government organizations, enterprises, and carriers worldwide. The company offers voice solutions that include the VX Series and the Quintum Series of switching media gateways that provide enterprise customers with voice interoperability solutions, IP-based solutions to government agencies, and traditional VoIP switching gateway solutions for SMBs and smaller branch offices within large enterprises. It offers multi-service solutions, which comprise Promina product line, a traditional multi-service platform, which provides network reliability and security; NX1000 platform that provides a WAN switching solution to enable multi-service and serial data applications to integrate and aggregate into IP-based networks; and NX5010 platform, which enables secure interconnection and extension of geographically distributed grid computing clusters and storage area networks, providing data transfer. The company also offers SmartSIP product that allows standard SIP phones to be provisioned and used as extensions in a Microsoft OCS deployment. NET provides installation and other professional services; hardware and software maintenance programs, parts repair, remote and on-site technical assistance, and customer training; and Web-based services. The company serves government customers, which include various federal and international agencies and organizations, such as civilian and defense agencies, and resellers to such entities; and enterprise customers comprising large enterprises, and small-to mid-sized businesses in various sectors. NET sells its products directly, as well as through relationships with integrators, resellers, and technology leaders. The company was founded in 1983 and is headquartered in Fremont, California.

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