Thursday, July 26, 2012

Pacific Sunwear of California - PSUN - buy signals

I just placed a buy order in the Barchart Van Meerten Speculative portfolio for  Pacific Sunwear of California (PSUN) for upward price momentum.


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 36.25% in the last month
  • Relative strength Index 63.61 Barchart computes a technical support level at 2.07
  • Recently traded at 2.18 with a 50 day moving average of 1.68


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