Thursday, April 12, 2012

3 Low priced stocks I bought

Today I added these 3 stocks to the Barchart Van Meerten Speculative portfolio for positive price momentum:  Dover Downs Entertainment (DVD), BlueGreen Corporation (BXG) and Reed's (REED)

Dover Downs Entertainment (DVD)


Barchart technical indicators:
  • 64% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 2.03% in the last month
  • Relative strength Index 53.75%
  • Barchart computes a technical support level at 1.45
  • Recent traded at 1.51 with a 50 day moving average of 1.40
BlueGreen Corporation (BXG)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 17 new highs and up 65.45% in the last month
  • Relative Strength Index 84.57%
  • Barchart computes a technical support level at 4.57
  • Recently traded at 4.97 with a 50 day moving average of 3.65
Reed's (REED)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 26.97% in the last month
  • Relative Strength Index 68.81%
  • Barchart computes a technical support level at 1.86
  • Recently traded at 1.93 with a 50 day moving average of 1.61




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