Tuesday, November 29, 2011

Orbcomm

Today I added Orbcomm (ORBC) to the Barchart Van Meerten Speculative portfolio for positive price momentum:


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • 10 new highs and up 13.62% in the last month
  • Above its 20, 50 and 100 day moving averages
  • Relative Strength Index 64.70% and rising
  • Barchart computes a technical support level at 3.10
  • Recently traded at 3.17 with a 50 day moving average of 2.76

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