Wednesday, September 10, 2014

CLUB and FOLD have buy signals

Today I added Town Sports International (CLUB) and Amicus Therapeutics (FOLD) to the Barchart Van Meerten Speculative portfolio for very positive price momentum.  I found the stocks by using Barchart to sort the stocks hitting new highs that are trading below $10 for new high frequency in the last month:

Town Sports International (CLUB)


Barchart technical indicators:
  • 32% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 50.24% in the last month
  • Relative Strength Index 72.71%
  • Barchart computes a technical support level at 5.94
  • Recently traded at 6.10 with a 50 day moving average of 5.54


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 77.54% in the last month
  • Relative Strength Index 75.62%
  • Barchart computes a technical support level at 6.88
  • Recently traded at 7.25 with a 50 day moving average of 4.88




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