Kongzhong (KONG) sell

Time to get off the roller coaster; this morning I deleted Kongzhong (KONG) from the Barchart Van Meerten Speculative portfolio for negative price momentum:

Barchart technical indicators:

• 100% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 61.08% off its 1 year high
• Relative Strength Index 36.16%
• Recently traded at 4.20 with a 50 day moving average of 4.70