Nevsun Resources - sell signals
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.