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JimVanMeerten (62.86)

Orbcomm sell signals

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April 29, 2011 – Comments (0) | RELATED TICKERS: ORBC

Today on Barchart I detected sell signals on Orbcomm (ORCB) and deleted it from the Barchart Van Meerten Speculative portfolio.

Technical Factors:

1 - 80% Barchart short term technical sell signals

2 - Trend Spotter sell signal

3 - 22.43% off its recent high

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

5 - Relative Strength Index 38.35% and falling

Jim Van Meerten is an analyst for  Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com  in his daily blog -- Barchart Portfolio Blogs.

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