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JimVanMeerten (61.08)

TREX is a sell

Recs

1

May 17, 2011 – Comments (0) | RELATED TICKERS: TREX

This morning I deleted Trex (TREX) form the Barchart Van Meerten New High portfolio for negative price momentum.

Technical Factors:

1 - 100% Barchart short term technical sell signals

2 - Trend Spotter sell signal

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

4 - 21.62% off its recent high

5 - Relative Strength Index 25.43% and falling

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