Tuesday, January 18, 2011

PDL Biopharma -- PDLI -- deleted

This morning I deleted PDL Biopharma (PDLI)  from the Barchart Van Meerten Speculative portfolio for negative price trends:

  • 40% Barchart technical sell signal
  • Trend Spotter (tm) sell signal
  • Trading below its 20, 50 and 100 day moving averages
  • Lost 18.02% from its most recent high
  • Relative Strength Index 30.40% 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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