Groupon Sell Signals

Today I deleted Groupon (GRPN) from the Barchart Van Meerten New High portfolio for negative technical indicators:

Hourly Trading Chart:

Barchart technical indicators:

• 60% Barchart short term sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 23.58% off its recent high
• Relative Strength Index 36.15%

Buy Signals - Dyax, Groupon, Leap Wireless International and Envivio

Today I added Dyax (DYAX), Groupon (GRPN), Leap Wireless International (LEAP) and Envivio (ENVI) to the Barchart Van Meerten New High portfolio for positive price momentum.  All the stocks were chosen from the New High List trading over 100K shares a day then sorted for frequency:

Dyax (DYAX)

Barchart technical indicators:

• 64% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 32.31% in the last month
• Relative strength Index 71.42%
• Barchart computes a technical support level at 3.81
• Recently traded at 3.89 with a 50 day moving average of 2.94

Groupon (GRPN)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 30.26% in the last month
• Relative Strength Index 76.09%
• Barchart computes a technical support level at 8.74
• Recently traded at 9.01 with a 50 day moving average of 7.21

Leap Wireless International (LEAP)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 30.63% in the last month
• Relative Strength Index 78.39%
• Barchart computes a technical support level at 7.00
• Recently traded at 7.25 with a 50 day moving average of 6.00

Envivio= (ENVI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 39.64% in the last month
• Relative Strength Index 65.05
• Barchart computes a technical support level at 2.32
• Recently traded at 2.36 with a 50 day moving average of 1.81