Wednesday, May 11, 2016

SELL SIGNALS - GRPN,MRVL,OCLK,ORBC

I recently deleted Groupon (GPRN), Marvel Tech Group (MRVL), Oclaro (OCLK) and Orbcomm (ORBC) from the Barchart Van Meerten Speculative portfolio for negative price momentum.

Groupon (GRPN)


Barchart technical indicators:
  • 56% technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 48.54% off its recent high
  • Recently traded at 3.55 which is below its 50 day moving average of 4.17


Barchart technical indicators:
  • 16% technical sell signals
  • Trend Spotter sell signal
  • Below its 20 and 50 day moving averages
  • 34.69% off its recent high
  • Recently traded at 9.60 which is below its 50 day moving average of 10.12
Oclaro (OCLR)


Barchart technical indicators:
  • 32% technical sell signals
  • Trend Spotter sell signal
  • Below its 20 and 50 day moving averages
  • 18.98% off its recent high
  • Recently traded at 4.63 which is below its 50 day moving average of 4.94
Orbcomm (ORBC)


Barchart technical indicators:
  • 8% technical sell signals
  • Trend Spotter sell signal
  • Below its 20 and 50 day moving averages
  • 10.72% off its recent high
  • Recently traded at 9.31 which is below its 50 day moving average of 9.62









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