Saturday, August 27, 2011

Spreadtrum buy signals

Barchart shows new highs on Spreadtrum Communications (SPRD)


Barchart technical indicators:
  • 64% Barchart technical buy signal
  • Trend Spotter technical buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 23.37% in the last month
  • Relative Strength Index 66.22% and rising
  • Barchart computes a technical support level at 16.06
  • Traded recently at 17.42 which is above its 50 day moving average of 14.95
Jim Van Meerten is a Marketocracy Master


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