Wednesday, January 19, 2011

Cree Inc - CREE -- Deleted

This morning I deleted Cree Inc (CREE) from the Barchart Van Meerten New High portfolio for negative price trends:

  • 60% Barchart short term technical sell signal
  • Trend Spotter (tm) sell signal
  • Trading below its 20 and 50 day moving averages
  • 9.39% off its most recent high
  • Relative Strength Index 38.04% and falling
Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

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