Sell Signals

Today I placed sell orders on the following stocks in my Barchart Van Meerten Speculative portfolio for poor price momentum.  The charts are hourly trading charts for the past month.

Global Cash Access (GCA)

Barchart technical indicators:

• 56% Barchart technical sell signal
• Below its 20, 50 and 100 day moving averages
• 21.70% off its 1 year high
• Relative Strength Index 41.40%

The9 Limited (NCTY)

Barchart technical indicators:

• 64% Barchart technical sell signal
• Below its 20, 50 and 100 day moving averages
• 38.65% off its 1 year high
• Relative Strength Index 37.13%

Nautilis (NLS)

Barchart technical indicators:

• 60% Barchart short term sell signal
• Below its 20 day moving average
• 15.30% off its 1 year high
• Relative Strength Index 41.88%