JimVanMeerten (49.75)

Pohang Iron & Steel sell signals

February 25, 2011 – Comments (0) | RELATED TICKERS: PKX

Pohang Iron and Steel (PKX) has been having some negative price trends and should go on your sell watch list of you own it.

Pohang Iron & Steel Company Ltd., manufactures hot and cold rolled steel products, heavy plate and other steel products for the construction and shipbuilding industries.

Sell Factors

1 - 80% Barchart technical sell signal

2 - Trend Spotter (tm) sell signal

3 - Below its 20, 50 and 100 day moving averages

4 - 19.35% off its high

5 - Relative Strength Index is 39.28% and falling

Jim Van Meerten is a portfolio advisor to Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs onBarchart.com  in his daily blog -- Barchart Portfolio Blogs.
Through Marketocracy Capital Management  you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.