Thursday, September 5, 2013

E-Commerce China Dangdang -- sell signals

Today I deleted E-Commerce China Dangdang (DANG) from the Barchart Van Meerten New High portfolio for negative price momentum and technical indicators:


Barchart technical indicators:
  • 40% short term sell signal
  • Trend Spotter sell signal
  • Below its 20 and 50 day moving averages
  • 33.92% off its 1 year high
  • Relative Strength Index 41.31%

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