Tuesday, July 24, 2012

Breitburn Energy - BBEP - buy signals

This morning I added Breitburn Energy (BBEP) to the Barchart Van Meerten New High portfolio for very positive price momentum


Barchart technical indicators:
  • 72% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 12.19% in the last month
  • Relative Strength Index 77.83%
  • Barchart computes a technical support level at 17.84
  • Recently traded at 18.41 with a 50 day moving average of 17.01



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