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Thu, September 22, 2011

PDC, CMCO, OME, KELYA, SURW, VALU Expected to Trade Down After Bearish Patterns Develop


Published on 2011-09-22 04:40:53 - WOPRAI
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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. PIONEER DRILLING COMPANY (AMEX:PDC), COLUMBUS MCKINNON CORPORATION (NASDAQ:CMCO), OMEGA PROTEIN CORP (NYSE:OME), KELLY SERVICES INC -A (NASDAQ:KELYA), SUREWEST COMMUNICATIONS (NASDAQ:SURW), VALUE LINE INC (NASDAQ:VALU) 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  
     PDC        PIONEER DRILLING COMPANY            Trending (Stocks) DO                Support Break(1)        4         
     CMCO       COLUMBUS MCKINNON CORPORATION       Breakout (Stocks) DO                Breakaway Gap           5         
     OME        OMEGA PROTEIN CORP                  Breakout (Stocks) DO                Measured Gap            5         
     KELYA      KELLY SERVICES INC -A               Breakout (Stocks) DO                Three Outside Down      3         
     SURW       SUREWEST COMMUNICATIONS             Trending (Stocks) DO                Trend Line Break(5+)     5         
     VALU       VALUE LINE INC                      Breakout (Stocks) DO                Trend Line Break(2)     3         
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

PIONEER DRILLING COMPANY (AMEX:PDC) - Pioneer Drilling Co. provides contract land drilling services to oil and natural gas exploration and production companies in the U.S. The company also supplies drilling crews and ancillary equipment for operating its rigs. As of May, 2006, its rig fleet comprised 57 operating drilling rigs, of which 15 were operating in south Texas, 18 in east Texas, 7 in north Texas, 5 in western Oklahoma, and 12 in the Rocky Mountains. Pioneer Drilling, based in San Antonio, was founded in 1968.

COLUMBUS MCKINNON CORPORATION (NASDAQ:CMCO) - Columbus McKinnon Corporation designs, manufactures, and markets material handling products and services for commercial and industrial end-user markets in the United States, Europe, and Canada. Its products include various electric, lever, hand, and air-powered hoists; hoist trolleys; alloy and carbon steel chain; rigging tools, including chain and forged attachments and actuators; and winches industrial crane systems, such as bridge, gantry, and jib cranes. The companys products also comprise closed-die forged attachments, including hooks, shackles, textile slings, clamps logging tools, and load binders; industrial components, such as mechanical and electromechanical actuators and rotary unions; below-the-hook special purpose lifters; tire shredders; and light-rail systems. It sells its products to various industries, including manufacturing, power generation and distribution, utilities, wind power, warehouses, commercial construction, oil exploration and refining, petrochemical, marine, ship building, transportation and heavy duty trucking, agriculture, logging, and mining, as well as for the entertainment industry comprising permanent and traveling concerts, live theater, and sporting venues. The company sells its products under the CM, Coffing, Chester, Duff-Norton, Pfaff, Shaw-Box, and Yale brand names through various commercial distributors, as well as directly to end-users. Columbus McKinnon Corporation was founded in 1875 and is headquartered in Amherst, New York.

OMEGA PROTEIN CORP (NYSE:OME) - Omega Protein Corporation processes, markets, and distributes fish meal and fish oil products in the United States. It produces and sells various protein and oil products derived from menhaden, a species of wild herring-like fish found along the Gulf of Mexico and Atlantic coasts. The companys fish meal products comprise Special Select for monogastrics, including baby pigs, turkey poults, pets, shrimp, and fish; SeaLac for dairy and beef cattle, sheep, goats, and other ruminants requiring bypass protein; and Fair Average Quality Meal, a commodity grade fish meal used in protein blends for catfish, pets, and other animals. Omega Protein Corporations fish oil products comprise crude unrefined fish oil, refined fish oil, and food grade oils. The companys fish oils are utilized for animal and aquaculture feeds, and industrial applications, as well as for additives to human food products and dietary supplements. It sells fish solubles, including Neptune Fish Concentrate, OmegaGrow, and OmegaGrow Plus primarily to livestock and aquaculture feed manufacturers, as well as for use as an organic fertilizer. The company also sells its products in Mexico, Asia, Europe, Canada, South America, and Central America. Omega Protein Corporation was founded in 1998 and is based in Houston, Texas.

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.

SUREWEST COMMUNICATIONS (NASDAQ:SURW) - SureWest Communications, through its subsidiaries, provides telecommunications, digital video, Internet, and other facilities-based communications services to residential, business, and carrier customers in northern California and the Kansas City area. It operates in two segments, Broadband and Telecom. The Broadband segment utilizes fiber-to-the-premise and fiber-to-the-node networks to offer bundled residential and commercial services that include Internet protocol-based digital and high-definition television, high-speed Internet, voice over Internet protocol, and local and long distance telephone services in the greater Sacramento region and Kansas City area. As of December 31, 2009, the Broadband segment had 102,600 residential subscribers and 229,200 revenue-generating units (RGUs). The Telecom segment offers landline telecommunications services, digital subscriber line service, long distance services, and non-regulated services. It also provides local services, toll telephone services, and network access services. In addition, this segment offers intrastate, interstate, and international long distance services, including calling card and 800 services, as well as resells long distance services. As of December 31, 2009, this segment served approximately 38,500 voice RGUs and approximately 8,500 business customers. The company was founded in 1914 and is headquartered in Roseville, California.

VALUE LINE INC (NASDAQ:VALU) - Value Line, Inc. engages in the production of investment related periodical publications and provision of investment management services primarily in the United States. It operates in two segments, Investment Periodicals, Related Publications and Copyright Data; and Investment Management. The Investment Periodicals, Related Publications and Copyright Data segment produces investment related retail and institutional periodical publications, which comprise copyright data fees for its proprietary ranking system information and other information in print and electronic format. Its services include The Value Line Investment Survey, The Value Line Investment Survey-Small and Mid-Cap Edition, The Value Line 600, and The Value Line Fund Advisor Plus, which provide statistical and text coverage of various investment securities, focusing on its statistical rankings. The segment also offers niche newsletters, such as The Value Line Special Situations Service, Value Line Select, The Value Line Fund Advisor, The Value Line Convertibles Survey, and Value Line Daily Options Survey that offers information on certain securities; and various Value Line DataFile products related to equities, mutual funds, and convertibles. In addition, it offers various investment analysis software, as well as current and historical financial databases. Further, this segment provides copyright products that are structured as unit investment trusts, exchange traded funds, annuity products, and other types of managed products and offers ranking systems for portfolio creation The Investment Management segment provides advisory services to its funds, as well as institutional and individual accounts. The company serves individual and professional investors, as well as institutions, including municipalities, university libraries, and investment firms. Value Line, Inc. was founded in 1931 and is based in New York, New York. Value Line, Inc. is a subsidiary of Arnold Bernhard & Co., Inc.

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