Saturday, July 28, 2012

Talbots - TLB - Buy signals

I just place a buy order for Talbots (TLB) in the Barchart Van Meerten Speculative portfolio for great price momentum.  Hourly trading chart over the last month


Barchart technical indicators:
  • 64% Barchart technical buy signal
  • Trend Spotter buy signal
  • Trading above its 20, 50 and 100 day moving averages
  • 13 new highs and up 10.00% in the last month
  • Relative Strength Index 69.89%
  • Barchart computes a technical support level at 2.72
  • Recently traded at 2.75 with a 50 day moving average of 2.44


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