Friday, January 6, 2012

Plains All American Pipeline LP - PAA

This morning I added Plains All American Pipeline (PAA) to the Barchart Van Meerten New High portfolio for positive price momentum:


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 10.16% in the last month
  • Relative Strength Index 83.03%
  • Barchart computes a technical support level at 72.22
  • Traded recently at 73.93 with a 50 day moving average of 67.22

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