Tuesday, May 17, 2011

Markwest Energy sell signals

This afternoon I deleted Markwest Energy (MWE) from the Barchart Van Meerten New High portfolio for negative price momentum.


Technical Factors:
  • 60% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 16.39% off its recent high
  • Relative Strength Index 24.24% and falling

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