Thursday, October 6, 2011

Quick pick - Encore Wire (WIRE)

Quick Pick - Encore Wire (WIRE)


Barchart technical indicators:
  • 64% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • Up 10.36% in the last month
  • Relative Strength Index 58.40
  • Barchart computes a technical support level at 22.17
  • Recently traded at 22.77 which is above its 50 day moving average of 21.32
Jim Van Meerten is a Marketocracy Master

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