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JimVanMeerten (56.30)

Nevsun Resources - sell signals



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

This morning I deleted Nevsun Resources (NSU) from the Barchart Van Meerten Speculative portfolio for negative price trends:

1 - Barchart Trend Spotter (tm) technical sell signal

2 - Trading below its 20, 50 and 100 day moving averages

3 - 29.68% off its recent high

4 - Relative Strength Index is 26.59% and dropping

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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