FIRE, QCOR Expected to Trade Up After Bullish Patterns Develop
September 26, 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. SOURCEFIRE INC (NASDAQ:FIRE), QUESTCOR PHARMACEUTICALS (NASDAQ:QCOR) 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 FIRE SOURCEFIRE INC VWAP Bounce EOD Trend Line Break(3) 4 QCOR QUESTCOR PHARMACEUTICALS NSP-41 NN HTC (+2) Three Outside Up 5Chart 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
SOURCEFIRE INC (NASDAQ:FIRE) - Sourcefire, Inc. provides intelligent Cybersecurity solutions for information technology (IT); environments of commercial enterprises, such as healthcare, financial services, manufacturing, energy, education, retail, and telecommunications; and federal, state, and international government organizations worldwide. Its Sourcefire 3D System comprising multiple Sourcefire hardware and software product offerings provides an approach to network protection with a layered security defense, protecting computer network assets before, during, and after an attack. The company also offers Snort, an open source intrusion prevention technology that is incorporated into the intrusion prevention system software component of the Sourcefire 3D System; and ClamAV, an open source anti-virus and anti-malware project. In addition, it provides various services to aid customers with installing and supporting Cybersecurity solutions, including customer support, education, professional services, the Sourcefire vulnerability research team, and Snort rule subscriptions. The company has strategic relationships with various managed security service providers, including BT Counterpane, SecureWorks, Symantec, VeriSign, and Verizon Business to provide alternative distribution channels for its products. Sourcefire, Inc. was founded in 2001 and is headquartered in Columbia, Maryland.
QUESTCOR PHARMACEUTICALS (NASDAQ:QCOR) - Questcor Pharmaceuticals, Inc., a pharmaceutical company, provides prescription drugs for central nervous system and inflammatory disorders. Its primary drug is H.P. Acthar Gel (repository corticotropin injection), an injectable drug that is approved for the treatment of certain disorders with an inflammatory component, including the treatment of exacerbations associated with multiple sclerosis, infantile spasms, opsoclonus myoclonus syndrome, and nephrotic syndrome. The company also markets Doral (quazepam), which is indicated for the treatment of insomnia characterized by difficulty in falling asleep, frequent nocturnal awakenings, and/or early morning awakenings. Questcor Pharmaceuticals, Inc. was founded in 1990 and is headquartered in Union City, California.
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