CBEY, HWAY, MYRG, OMEX Expected to Trade Down After Bearish Patterns Develop

September 22, 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. CBEYOND INC (NASDAQ:CBEY), HEALTHWAYS INC (NASDAQ:HWAY), MYR GROUP INC/DELAWARE (NASDAQ:MYRG), ODYSSEY MARINE EXPLORATION (NASDAQ:OMEX) 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  
     CBEY       CBEYOND INC                         Trending (Stocks) DO                Three Inside Up         5         
     HWAY       HEALTHWAYS INC                      Breakout (Stocks) DO (+1)           Belt Hold               4         
     MYRG       MYR GROUP INC/DELAWARE              Breakout (Stocks) DO (+1)           Three Outside Down      4         
     OMEX       ODYSSEY MARINE EXPLORATION          Breakout (Stocks) DO                Trend Line Break(4)     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

CBEYOND INC (NASDAQ:CBEY) - Cbeyond, Inc. provides managed communications and information technology (IT) services to small businesses in the United States. The companys services include local and long distance voice services, broadband Internet access, mobile voice and data, email, voicemail, Web hosting, secure backup and file sharing, fax-to-email, unified messaging, virtual private network, desktop security, hosted Microsoft Exchange, mobile workforce management, virtual receptionist, and other communications and IT services. It sells its products and services through direct sales, value-added resellers, local area network consultants, and other telecommunications and IT consultants to small businesses, as well as through its mobile virtual network operator relationship with a wireless network provider. The company was formerly known as Cbeyond Communications, Inc. and changed its name to Cbeyond, Inc. in July 2006. The company was founded in 2000 and is headquartered in Atlanta, Georgia.

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.

MYR GROUP INC/DELAWARE (NASDAQ:MYRG) - MYR Group Inc., through its subsidiaries, provides utility and electrical construction services in the continental United States. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment provides design, engineering, procurement, construction, upgrade, maintenance, and repair services. Its services include the construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems. This segment also offers emergency restoration services in response to hurricane, ice, or other storm related damages. The Commercial and Industrial segment provides electrical contracting services for commercial and industrial construction in the western United States. Its contracts cover services for airports, hospitals, data centers, hotels, casinos, arenas, convention centers, manufacturing plants, processing facilities, and transportation control and management systems. This segment also provides telecommunication installation services comprising fiber optic and copper communication installation for the transmission of voice, data, and video; and ramp metering, signalized intersections, and fiber optic interconnections for traffic management systems, as well as highway and bridge lighting installation and maintenance. MYR Group serves investor-owned utilities, municipal utilities, cooperatives, federally-owned utilities, independent power producers, and independent transmission companies, as well as general contractors, commercial and industrial facility owners, local governments, and developers. The company was founded in 1891 and is based in Rolling Meadows, Illinois.

ODYSSEY MARINE EXPLORATION (NASDAQ:OMEX) - Odyssey Marine Exploration, Inc. engages in the exploration and recovery of deep-ocean shipwrecks worldwide. The company sells coins, artifacts, and merchandise, as well as leases its themed attraction exhibit and expedition charters. It sells coins and artifacts through dealers. The company was founded in 1986 and is headquartered in Tampa, Florida.

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CBEY, HWAY, MYRG, OMEX Expected to Trade Down After Bearish Patterns Develop