Wells-Gardner Electronics is moving
This morning I added Wells-Gardner Electronic (WGA ) to the Barchart Van Meerten Speculative portfolio purely for technical price movements:
1 - 88% Barchart short term technical buy signal
2 - 18 new highs and up 28.21% in the last month
3 - Relative Strength Index 82.55% and rising
4 - Trading recently at 2.50 well above the 50 day moving average of 2.02
Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or emailJimVanMeerten@gmail.com.
Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.