Anooraq Resources and AK Steel sell signals

This week I deleted Anooraq Resources (ATL) and AK Steel (AKS) from the Barchart Van Meerten Speculative portfolio for negative price momentum.

Anooraq Resources (ATL)

Barchart technical indicators:

• 60% Barchart short term technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 26.87% off its recent high
• Relative Strength Index 43.38%

AK Steel (AKS)

Barchart technical indicators:

• 80% Barchart short term technical sell signal
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 26.80% off its recent high
• Relative Strength Index 41.41%