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JimVanMeerten (57.26)

ABV - sell signals



January 25, 2011 – Comments (0) | RELATED TICKERS: ABEV

This morning I deleted Cia De Bebidas Das Americas (ABV) from the Barchart Van Meerten New High portfolio for negative price trends:

1 - Barchart Trend Spotter (tm) technical sell signal

2 - Trading below its 20 and 50 day moving average

3 - 14.22% off its recent high

4 - Relative Strength Index is 35.21% and falling

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

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