Hercules Offshore and Depomed buy signals

Today I added two stocks from the Barchart New High list to the Barchart Van Meerten Speculative portfolio:  Hercules Offshore (HERO) and Depomed (DEPO):

Hercules Offshore (HERO)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 22.38% in the last month
• Relative Strength Index 67.62%
• Barchart computes a technical support level at 4.77
• Recently traded at 5.06 with a 50 day moving average of 4.23

Depomed (DEPO)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 12.85% in the last month
• Relative Strength Index 68.16%
• Barchart computes a technical support level at 5.62
• Recently traded at 5.98 with a 50 day moving average of 5.44