RT, HVT, NUVA, PLXS, GET, CRY 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. RUBY TUESDAY INC (NYSE:RT), HAVERTY FURNITURE (NYSE:HVT), NUVASIVE INC (NASDAQ:NUVA), PLEXUS CORPORATION (NASDAQ:PLXS), GAYLORD ENTERTAINMENT CO (NYSE:GET), CRYOLIFE INC (NYSE:CRY) 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 RT RUBY TUESDAY INC Breakout (Stocks) DO (+1) Trend Line Break(3) 3 HVT HAVERTY FURNITURE Breakout (Stocks) DO Three Outside Down 5 NUVA NUVASIVE INC Breakout (Stocks) DO Trend Line Reversal(4) 4 PLXS PLEXUS CORPORATION Breakout (Stocks) DO Trend Line Break(3) 5 GET GAYLORD ENTERTAINMENT CO Breakout (Stocks) DO Engulfing Lines 3 CRY CRYOLIFE INC Breakout (Stocks) DO Common Gap 4Chart 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
RUBY TUESDAY INC (NYSE:RT) - Ruby Tuesday, Inc., together with its subsidiaries, develops, operates, and franchises casual dining restaurants in the United States, Puerto Rico, Guam, and internationally. The company operates its restaurants under the Ruby Tuesday brand, as well as owns and operates two Wok Hay restaurants. As of June 1, 2010, it owned and operated 656 casual dining restaurants in 27 states and the District of Columbia; and franchise partnerships operated 116 restaurants, as well as traditional franchisees operated 49 domestic and 58 international restaurants in the United States, the Asia Pacific Region, India, the Middle East, Puerto Rico, Guam, Canada, Iceland, eastern Europe, and Central and South America. The company was founded in 1920 and is based in Maryville, Tennessee.
HAVERTY FURNITURE (NYSE:HVT) - Haverty Furniture Companies, Inc., together with its subsidiaries, operates as a specialty retailer of residential furniture and accessories in the United States. The company offers its products primarily under the Havertys brand name, as well as provides bedding product lines under the Sealy, Serta, and Tempur-Pedic brand names. It also offers financing through an internal revolving charge credit plan, as well as a third-party finance company. The company primarily serves college educated women in middle to upper-middle income households. As of December 31, 2010, it operated 118 stores serving 79 cities in 17 states. The company was founded in 1885 and is based in Atlanta, Georgia.
NUVASIVE INC (NASDAQ:NUVA) - NuVasive, Inc., a medical device company, engages in the design, development, and marketing of products for the surgical treatment of spine disorders. Its products are used in applications for spine fusion surgery. The companys products include a minimally disruptive surgical platform called Maximum Access Surgery (MAS), as well as cervical, biologics, and motion preservation products. Its MAS platform combines four categories of product offerings, including NeuroVision, a proprietary software-driven nerve avoidance system; MaXcess, a split-blade design retraction system providing enhanced surgical access to the spine; Biologics, which includes FormaGraft and Osteocel line of products; and specialized implants, such as SpheRx and Armadatm pedicle screw systems, CoRoent suite of implants, and various fixation systems. The company also offers a range of bone allograft in patented saline packaging and spine implants, such as rods, plates, and screws, as well as Osteocel, a bone matrix product that offers three properties related to autograft, including osteoconduction, osteoinduction, and osteogenesis. In addition, it is developing motion preservation products, including lateral total disc replacement device. The company sells its products through independent sales agencies and direct sales representatives primarily in the United States. NuVasive, Inc. was founded in 1997 and is headquartered in San Diego, California.
PLEXUS CORPORATION (NASDAQ:PLXS) - Plexus Corp., together with its subsidiaries, provides contract electronic manufacturing services to original equipment manufacturers and other technology companies. Its services include product realization services comprising product specification; development, design, and design verification; regulatory compliance support; prototyping and new product introduction; manufacturing test equipment development; materials sourcing, procurement, and supply-chain management; product assembly/manufacturing, configuration, and test; and order fulfillment, logistics, and service/repair. The company provides contract manufacturing services on a turnkey basis, as well as on a consignment basis. It serves the wireline/networking, wireless infrastructure, medical, industrial/commercial, and defense/security/aerospace market sectors. The company operates in the United States, Asia, Mexico, and Europe. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.
GAYLORD ENTERTAINMENT CO (NYSE:GET) - Gaylord Entertainment Company, through its subsidiaries, operates as a diversified hospitality and entertainment company in the United States. The company primarily focuses on the large group meetings and conventions sector of the lodging market. Its Hospitality segment operates Gaylord branded hotels consisting of the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Palms Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center near Grapevine, Texas; and the Gaylord National Resort and Convention Center located on the Potomac River in Prince Georges County, Maryland. This segment also owns and operates the Radisson Hotel at Opryland in Nashville, Tennessee. The companys Opry and Attractions segment owns and operates Nashville-based tourist attractions, including the Grand Ole Opry, a live country music variety show; the Ryman Auditorium, a venue for concerts and musical productions; the General Jackson Showboat, a 300-foot four-deck paddle wheel showboat on the Cumberland river; the Gaylord Springs Golf Links, a golf course located near the Gaylord Opryland; and the Wildhorse Saloon, a country music performance venue. This segment also operates WSM-AM, a radio broadcasting station, as well as engages in the production of creative events in the corporate entertainment marketplace. Gaylord Entertainment Company was founded in 1955 and is headquartered in Nashville, Tennessee.
CRYOLIFE INC (NYSE:CRY) - CryoLife, Inc. engages in the processing and distribution of implantable living human tissues for use in cardiac and vascular surgeries in the United States and Canada. Its CryoValve SG pulmonary heart valve, processed using CryoLife's proprietary SynerGraft technology, has FDA 510(k) clearance for the replacement of diseased, damaged, malformed, or malfunctioning native or prosthetic pulmonary valves. The companys CryoPatch SG pulmonary cardiac patch has FDA 510(k) clearance for the repair or reconstruction of the right ventricular outflow tract, a surgery commonly performed in children with congenital heart defects, such as tetralogy of Fallot, truncus arteriosus, and pulmonary atresia. CryoPatch SG is distributed in three anatomic configurations: pulmonary hemi-artery, pulmonary trunk, and pulmonary branch. CryoLifes BioGlue Surgical Adhesive is FDA approved as an adjunct to sutures and staples for use in adult patients in open surgical repair of vessels. BioGlue is also CE Marked in the European community and approved in Canada and Australia for use in soft tissue repair. The companys BioFoam Surgical Matrix is CE Marked in the European community for use as an adjunct in the sealing of abdominal parenchymal tissues when cessation of bleeding by ligature or other conventional methods is ineffective or impractical. BIOGLUE Aesthetic Medical Adhesive is CE marked in the European Community for periosteal fixation following endoscopic browplasty in reconstructive plastic surgery. CryoLife also distributes HemoStase, a hemostatic agent for use in cardiac and vascular surgery, as well as in various international markets for cardiac, vascular, and general surgery. The company distributes its products through field service representatives, cardiac specialists, direct field representatives, and independent distributors. CryoLife was founded in 1984 and is headquartered in Kennesaw, Georgia.
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