Sunday, June 24, 2012

MaxLinear Inc - MXL - Buy Signals

This weekend I put in a buy order for MaxLinear (MXL) in the Barchart Van Meerten Speculative portfolio:


Barchart technical indicators:
  • 24% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its and  day moving averages
  • 15 new highs and up 21.60% in the last month
  • Relative Strength Index 65.29%
  • Barchart computes a technical support level at 4.76
  • Recenlty traded at 5.01 with a 50 day moving average of 4.67

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