Wednesday, July 23, 2014

The9 Limited - Buy Signals

Today I added The9 Limited (NCTY) to the Barchart Van Meerten New High Portfolio for very positive price momentum:


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 60.85% in the last month
  • Relative Strength Index 90.11%
  • Bachart computes a technical support level at 3.24
  • Recently traded at 3.75 with a 50 day moving average of 2.51


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