Sold ALN, ELNK $ACLS

This morning I deleted American Lorain (ALN), Earthlink (ELNK) and Axcelis Technologies (ACLS) for the Barchart Van Meerten Speculative portfolio for negative price momentum.

American Lorain (ALN)

Barchart technical indicators:

• 80% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 36.70% off its recent high
• Relative Strength Index 25.95%

Earthlink (ELNK)

Barchart technical indicators:

• 40% Barchart short term sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 11.19% off its recent high
• Relative Strength Index 47.44%

Axcelis Technologies (ACLS)

Barchart technical indicators:

• 48% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 16.05% off its recent high 
• Relative Strength Index 37.91%