Synta Pharma Sell Signals
This morning I deleted Synta Pharmaceuticals from the Barchart Van Meerten Speculative portfolio for negative price trends:
1 - 60% Barchart short term technical sell signal
2 - Trend Spotter (tm) sell signal
3 - Trading below its 20 and 50 day moving averages
4 - 30.59% off its recent high
5 - Relative Strength Index 29.10% 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.