Saturday, October 25, 2014

Forcefield Energy - Buy Signals

Today I added Forcefield Energy (FNRG) to the Barchart Van Meerten Speculative portfolio for positive price momentum.  I found the stock by sorting the New High under $10 list for new high frequencies in the last month:


Barcgart technical indicators:
  • 72% Barchart technical buy signals
  • Trend Spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 2.93% in the last month
  • Relative Strength Index 74.98%
  • Barchart computes a technical support level at 6.31
  • Recently traded at 6.33 with a 50 day moving average of 6.08


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