IMGN, SNX, USNA, RLI, BVX, RLRN Expected to Trade Up After Bullish Patterns Develop
September 29, 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. IMMUNOGEN INC (NASDAQ:IMGN), SYNNEX CORP (NYSE:SNX), USANA HEALTH SCIENCES INC (NYSE:USNA), RLI CORP (NYSE:RLI), BOVIE MEDICAL CORP (AMEX:BVX), RENAISSANCE LEARNING INC (NASDAQ:RLRN) 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 IMGN IMMUNOGEN INC Breakout (Stocks) DO Trend Line Break(3) 4 SNX SYNNEX CORP Trending (Stocks) DO Trend Line Break(5+) 5 USNA USANA HEALTH SCIENCES INC Trending (Stocks) DO Common Gap 5 RLI RLI CORP VWAP Bounce EOD Flag, Rising Reversal 4 BVX BOVIE MEDICAL CORP VWAP Bounce EOD Resistance Break(1) 5 RLRN RENAISSANCE LEARNING INC VWAP Max Reversal EOD Resistance Break(1) 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
IMMUNOGEN INC (NASDAQ:IMGN) - ImmunoGen, Inc. engages in the research and development of antibody-based anticancer therapeutics in the United States. The company develops its product candidates using its Targeted Antibody Payload (TAP) technology. Its products include Trastuzumab-DM1, a Phase III clinical trial product for the treatment of advanced HER2+ breast cancer; lorvotuzumab mertansine (IMGN901), a Phase I clinical trial product to treat various tumor types, including small-cell lung cancer, ovarian cancer, Merkel cell carcinoma, and the liquid tumor, multiple myeloma; SAR3419, a Phase I clinical trial product for the treatment of non-Hodgkin's lymphoma and other B-cell malignancies; and IMGN388 and BIIB015, which are in Phase I clinical trials for the treatment of solid tumors. The companys products also comprise BT-062, a Phase I clinical trial product targeting multiple myeloma; SAR650984, a Phase I clinical trial product to treat hematological malignancies; SAR566658, a preclinical trail product for the treatment of breast, ovarian, and other solid tumors; and TAP and other compounds. It has collaboration agreements with Amgen, Inc.; Bayer Schering Pharma AG; Biogen Idec MA Inc.; Biotest AG; Genentech, Inc.; Novartis Institutes for BioMedical Research, Inc.; and sanofi-aventis U.S. LLC. ImmunoGen, Inc. was founded in 1981 and is headquartered in Waltham, Massachusetts.
SYNNEX CORP (NYSE:SNX) - SYNNEX Corporation, a business process services company, provides services in distribution, contract assembly, and global business services. The company operates in two segments, Distribution Services and Global Business Services (GBS). The Distribution Services segment distributes information technology systems, peripherals, system components, software, networking equipment, and complementary products to various customers, such as value-added resellers, system integrators, and retailers, as well as provides assembly services to original equipment manufacturers (OEMs), including integrated supply chain management, build-to-order and configure-to-order system configurations, materials management, and logistics. The GBS segment offers various services comprising customer management, software development, and back office processing. This segment delivers its services through voice, chat, Web, email, and digital print. It also sells products complementary to these service offerings in China. In addition, SYNNEX Corporation offers various financial services, including net terms, third party leasing, floor plan financing, letters of credit, and arrangements to collect payments directly from the end-user; online services; and marketing services, as well as technical support services consisting of pre and post-sales support. The company serves resellers, retailers, and OEMs located worldwide. SYNNEX Corporation, formerly known as SYNNEX Information Technologies, Inc., was founded in 1980 is headquartered in Fremont, California.
USANA HEALTH SCIENCES INC (NYSE:USNA) - USANA Health Sciences, Inc. engages in the development, manufacture, and sale of nutritional and personal care products in North America and the Asia Pacific. The company offers two product lines, USANA Nutritionals and Sense. The USANA Nutritionals product line consists of essentials, which include vitamins and mineral supplements that provide a foundation of nutrition for various age groups; optimizers, which are targeted supplements that support cardiovascular health, skeletal/structural health, and digestive health; and macro-optimizers comprising low-glycemic meal replacement shakes, snack bars, and other related products that provide optimal macro-nutrition. The Sense product line includes personal care products that support healthy skin and hair. These products include perfecting essence, gentle daily cleanser, hydrating toner, daytime protective emulsion, eye nourisher, night renewal, serum intensive, rice bran polisher, creme masque, revitalizing shampoo, nourishing conditioner, firming body nourisher, energizing shower gel, and intensive hand therapy. USANA Health Sciences also develops and sells resource materials and sales tools, including product brochures and business forms; reprints of other commercial publications; and contracts with authors and publishers to produce or provide books, tapes, and other items that deal with health topics and personal motivation to assist its associates. The company distributes its products through a network marketing system of organized independent distributors. USANA Health Sciences, Inc. was founded in 1992 and is headquartered in Salt Lake City, Utah.
RLI CORP (NYSE:RLI) - RLI Corp., through its subsidiaries, underwrites property and casualty insurance primarily in the United States. The company operates in three segments: Casualty, Property, and Surety. The Casualty segment provides general liability services consisting of coverage for third party liability of commercial insurers, including manufacturers, contractors, apartments, and mercantile; commercial and personal umbrella coverage; and commercial transportation that include automobile liability and physical damage insurance to local, intermediate, and long haul truckers, public transportation risks, and equipment dealers, as well as incidental and related insurance coverage. It also offers professional liability coverages, such as directors and officers liability insurance, employment practices liability, and other miscellaneous professional liability coverage; and specialty program coverages, such as commercial property, general liability, inland marine, and crime, as well as deductible buy-back. The Property segment offers property coverage that consists primarily of excess and surplus lines and specialty insurance, such as fire and earthquake. It also provides insurance for commercial and industrial risks, such as office buildings, apartments, condominiums, and certain industrial and mercantile structures, as well as writes boiler and machinery coverage; marine coverage, including hull, cargo, and protection and indemnity; homeowners and dwelling fire insurance; and property facultative reinsurance for insurance companies. The Surety segment specializes in writing small-to-large commercial and small contract surety coverages, as well as for the energy, petrochemical, and refining industries. It offers miscellaneous bonds, such as license and permit, notary, and court bonds; and fidelity and crime coverage for commercial insured and select financial institutions. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.
BOVIE MEDICAL CORP (AMEX:BVX) - Bovie Medical Corporation engages in the development, manufacture, and marketing of medical products and devices, primarily electrosurgical generators and disposables in the United States and Canada. The company offers electrosurgery line of products, including desiccators, generators, electrodes, electrosurgical pencils, and various ancillary disposable products used during surgical procedures in gynecology, urology, plastic surgery, dermatology, veterinary, and other surgical markets for the cutting and coagulation of tissue. Its product line comprises Aaron 900 and Aaron 940, desiccators designed primarily for dermatology and family practice physicians; Aaron 950, a desiccator with cut capacity for outpatient surgical procedures; Aaron 1250U, a 120-watt multipurpose electrosurgery generator, as well as various digital electrosurgery generators; and the SEER line of products for liver, pancreatic, and kidney tumor therapies. The company also offers battery operated cauteries for sculpting woven grafts in bypass surgery and vasectomies; evacuation of subungual hematoma; and for arresting bleeding in various surgeries. In addition, it manufactures specialty lighting instruments for use in ophthalmology; and specialty lighting instruments for general surgery, hip replacement surgery, and for the placement of endotracheal tubes in emergency and surgical procedures, as well as offers physicians office use penlights. Further, the company provides a nerve locator stimulator primarily used for identifying motor nerves in hand and facial reconstructive surgery. Bovie Medical Corporation was founded in 1982 and is based in Melville, New York.
RENAISSANCE LEARNING INC (NASDAQ:RLRN) - Renaissance Learning, Inc. provides computer-based assessment and periodic progress monitoring technology for pre-kindergarten through senior high schools and districts in the United States and internationally. Its educational software products cover subject areas, including reading, early literacy, mathematics, writing, vocabulary, and language acquisition. The companys principal product includes Accelerated Reader, which provides literature-based reading practice and support for instruction. Its reading products comprise STAR Reading, STAR Early Literacy, Successful Reader, and Read Now Power Up!; math products consist of Accelerated Math, STAR Math, and Math Facts in a Flash; and primary writing and keyboarding products include NEO laptops and related software. The company also offers products for English language learners with its English in Flash software. In addition, Renaissance Learning sells 2Know! response system, which allows classroom participation and provides feedback to instructors in educational setting; and Accelscan optical-mark card scanner to automate scoring and recordkeeping tasks. Further, it offers supplemental resources for educators and classroom use, such as handbooks, workbooks, learning cards, and motivational items. Additionally, the company provides professional and support services, such as professional development and product training seminars and conferences, report and data analysis, program evaluation, implementation coaching, Web-based training, software support, software installation, database conversion and integration, and application hosting. Renaissance Learning markets its educational products and services to teachers, school librarians, principals, schools, school district personnel, and state departments of education. It markets its products directly, as well as through distributors and resellers. The company was founded in 1986 and is headquartered in Wisconsin Rapids, Wisconsin.
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