The9 Limited and Select Medical Sell Signals

This morning I deleted The9 Limited (NCTY) and Select Medical Holdings (SEM) for the Barchart Van Meerten New High Portfolio for negative price momentum:

The9 Limited (NCTY)

Barchart technical indicators:

• 16% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 32.83% off its recent high
• Relative Strength Index 38.96%

Select Medical Holdings (SEM)

Barchart technical indicators:

• 56% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 14.04% off its recent high
• Relative Strength Index 32.39%

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

Sell Signals

Today I placed sell orders on the following stocks in my Barchart Van Meerten Speculative portfolio for poor price momentum.  The charts are hourly trading charts for the past month.

Global Cash Access (GCA)

Barchart technical indicators:

• 56% Barchart technical sell signal
• Below its 20, 50 and 100 day moving averages
• 21.70% off its 1 year high
• Relative Strength Index 41.40%

The9 Limited (NCTY)

Barchart technical indicators:

• 64% Barchart technical sell signal
• Below its 20, 50 and 100 day moving averages
• 38.65% off its 1 year high
• Relative Strength Index 37.13%

Nautilis (NLS)

Barchart technical indicators:

• 60% Barchart short term sell signal
• Below its 20 day moving average
• 15.30% off its 1 year high
• Relative Strength Index 41.88%