BXC, CYBX, TOWN, CDI, OMI, UFPI Expected to Trade Up After Bullish Patterns Develop
September 7, 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. BLUELINX HOLDINGS INC (NYSE:BXC), CYBERONICS INC (NASDAQ:CYBX), TOWNE BANK (NASDAQ:TOWN), CDI CORP (NYSE:CDI), OWENS & MINOR INC (NYSE:OMI), UNIVERSAL FOREST PRODUCTS INCORPORATED (NASDAQ:UFPI) 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 BXC BLUELINX HOLDINGS INC Reversal (Stocks) DWC Trend Line Break(4) 5 CYBX CYBERONICS INC Reversal (Stocks) DWC Broadening Bottom 5 TOWN TOWNE BANK Reversal (Stocks) DWC Broadening Bottom 1 CDI CDI CORP Reversal (Stocks) DWC Wedge, Rising 2 OMI OWENS & MINOR INC Reversal (Stocks) DWC Common Gap 1 UFPI UNIVERSAL FOREST PRODUCTS INCORPORATED Breakout (Stocks) DO Trend Line Break(3) 3Chart 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
BLUELINX HOLDINGS INC (NYSE:BXC) - BlueLinx Holdings Inc., through its subsidiary, BlueLinx Corporation, distributes building products in North America. The company distributes approximately 10,000 products to 11,500 customers through its network of 70 warehouses and third-party operated warehouses. It distributes products in two principal categories, structural products and specialty products. BlueLinx Holdings structural products include plywood, oriented strand board, rebar and remesh, lumber, and other wood products primarily used for structural support, walls, and flooring in construction projects. Its specialty products comprise roofing, insulation, specialty panels, moulding, engineered wood products, vinyl products (used primarily in siding), composite decking, and metal products (excluding rebar and remesh). The companys customers include building materials dealers, industrial users of building products, manufactured housing builders, and home improvement centers. It sells its products through three distribution channels consisting of warehouse sales, reload sales, and direct sales. The company was founded in 1996 and is headquartered in Atlanta, Georgia. BlueLinx Holdings Inc. operates as a subsidiary of Cerberus ABP Investor LLC.
CYBERONICS INC (NASDAQ:CYBX) - Cyberonics, Inc., a neuromodulation company, engages in the design, development, manufacture, sale, and marketing of implantable medical devices that provide vagus nerve stimulation (VNS) therapy for the treatment of refractory epilepsy and treatment-resistant depression. Its VNS therapy system consists of a pulse generator to provide the stimulation to the vagus nerve; a bipolar lead; a tunneling tool to assist with implantation surgery; a programming wand and software for setting the stimulation parameters particular to the patient; instruction manuals; and magnets to suspend or induce stimulation manually. The company sells its products for refractory epilepsy through direct sales and marketing forces in Austria, Belgium, Denmark, France, Germany, Ireland, Luxemburg, the Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom, as well as through distribution agreements with independent distributors of various territories, including Canada, Mexico, Australia, parts of Central and South America, China, Japan, and other parts of Asia, the Middle East, and other areas of Europe. Cyberonics, Inc. was founded in 1987 and is headquartered in Houston, Texas.
TOWNE BANK (NASDAQ:TOWN) - TowneBank, through its subsidiaries, provides retail and commercial banking products and services in the Greater Hampton Roads region in southeastern Virginia. The company operates in three segments: Banking, Realty, and Insurance. The Banking segment provides various deposits products, including checking accounts, demand deposits, negotiable order of withdrawal accounts, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts; personal loans, including secured and unsecured loans for financing automobiles, home improvements, education, and personal investments; commercial loans comprising secured and unsecured loans for working capital, business expansion, and equipment and machinery purchases; and fixed- and floating-rate mortgage loans, as well as real estate construction and acquisition loans. This segment also provides safe deposit boxes, cash management services, travelers checks, direct deposit of payroll and social security checks, and automatic drafts for various accounts, as well as Internet and on-call banking services. In addition, it offers documentation to accomplish tax deferral to investors; and financial, retirement, and estate planning services, as well as assistance on various investment options, including alternative investments, annuities, margin accounts, convertible bonds, and pension and profit sharing plans. The Realty segment provides residential real estate, resort property management, and commercial residential title insurance services, as well as originates mortgage loans. The Insurance segment provides life, property, casualty, and vehicle insurance services; travel, medical, and baggage protection insurance for travelers; and employee benefit programs, including medical, dental, vision, and disability insurance, as well as serves as an administrator for health care and dependent care flexible benefit plans. The company was founded in 1998 and is headquartered in Portsmouth, Virginia.
CDI CORP (NYSE:CDI) - CDI Corp. provides engineering and information technology outsourcing solutions and professional staffing services primarily in the United States, the United Kingdom, and Canada. It operates in four segments: ES, MRI, Anders, and ITS. The ES segment provides engineering, design, project management, professional staffing, and outsourcing solutions to oil, gas, refining, alternative energy, power generation and energy transmission, nuclear, chemicals, and heavy manufacturing industries; engineering, design, and logistics services to the defense industry, primarily in marine design, systems development, and military aviation support; and a range of engineering, design, project management, professional staffing, and outsourcing solutions to the commercial and military aerospace markets. This segment also offers facility design, project management, engineering, professional staffing, and facility start-up services to customers in the pharmaceutical, bio-pharmaceutical, and regulated medical services industries. The MRI segment operates as a global franchisor that does business as MRINetwork and provides the use of its trademarks, business systems, and training and support services to its franchisees who engage in the search and recruitment of executive, technical, professional, and managerial personnel for employment by their customers. It also provides training, implementation services, and back-office services to enable franchisees to pursue staffing opportunities. The Anders segment provides contract and permanent placement candidates to customers in the infrastructure environment seeking staff in building, construction, and related professional services. The ITS segment offers various information technology related services, which include staffing augmentation, permanent placement, outsourcing, and consulting. The company was founded in 1950 and is based in Philadelphia, Pennsylvania.
OWENS & MINOR INC (NYSE:OMI) - Owens & Minor, Inc., together with its subsidiaries, distributes medical and surgical supplies, as well as provides supply chain management services in the United States. It offers a product line of medical and surgical supplies to healthcare providers under the MediChoice private label. The companys supply chain management services include logistics, supplier management, analytics, inventory, outsourced resource management and consulting, and clinical supply management services to manufacturers of medical and surgical products. It also offers PANDAC, an operating room-focused inventory management program that helps healthcare providers to control suture and endo-mechanical inventory; SurgiTrack, a surgical supply service, which includes the assembly and delivery of surgical supplies in procedure-based totes based on a healthcare providers surgical schedule; OMSolutions, a supply chain consulting, customer technology, and resource management service offering; WISDOM Gold, an Internet-based supply spend management, data normalization, and contract management solution; CSS, an inventory and contract management service that enables healthcare providers to track and manage physician-preference products and medical/surgical inventories; and OM Healthcare Logistics, which provides third-party logistics and business process outsourcing services. The company offers its products and services to acute-care hospitals, the U.S. Department of Defense, and alternate site providers, including ambulatory surgery centers, physicians practices, clinics, home healthcare organizations, nursing homes, and rehabilitation facilities. Owens & Minor, Inc. was founded in 1882 and is headquartered in Mechanicsville, Virginia.
UNIVERSAL FOREST PRODUCTS INCORPORATED (NASDAQ:UFPI) - Universal Forest Products, Inc. engineers, manufactures, treats, distributes, and installs lumber, composite wood, plastic, and other building products for the DIY/retail, site-built construction, manufactured housing, and industrial markets. The companys products comprise preserved and unpreserved lumber; composite wood; plastic products; and engineered wood products, including roof trusses, wall panels, I-joists, open joists, and engineered floor systems. In addition, it offers framing services, including installation for the site-built market and forming products for concrete construction. Further, the company provides lumber cut, plywood, particle board, and dimensional lumber for use in the construction of manufactured housing. Additionally, it offers outdoor living products, including wood composite decking, decorative balusters, and post caps and plastic lattice; trellises and arches; and specialty wood packaging and components. Universal Forest Products, Inc. operates in the United States, Canada, and Mexico. The company was founded in 1955 and is headquartered in Grand Rapids, Michigan.
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