Tuesday, May 17, 2011

GLU Mobile -- deleted

This afternoon I deleted GLU Mobile (GLUU) from the Barchart Van Meerten Speculative portfolio for negative price momentum.


Technical Factors:
  • 100% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Trading below its 20, 50 and 100 day moving averages
  • 37.40% off its recent high
  • Relative Strength Index 30.62% and falling

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