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JimVanMeerten (58.32)

PDL Biopharma --PDLI - sell signals



January 18, 2011 – Comments (0) | RELATED TICKERS: PDLI

This morning I deleted PDL Biopharma (PDLI)  from the Barchart Van Meerten Speculative portfolio for negative price trends:

1 - 40% Barchart technical sell signal

2 - Trend Spotter (tm) sell signal

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

4 - Lost 18.02% from its most recent high

5 - Relative Strength Index 30.40% 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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