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Buy Signals - DYAX,GRPN,LEAP,ENVI

|Includes:Dyax Corp. (DYAX), ENVI, GRPN, T

Today I added Dyax (NASDAQ:DYAX), Groupon (NASDAQ:GRPN), Leap Wireless International (LEAP) and Envivio (NASDAQ:ENVI) to the Barchart Van Meerten New High portfolio for positive price momentum. All the stocks were chosen from the New High List trading over 100K shares a day then sorted for frequency:

Dyax (DYAX)

Barchart technical indicators:

  • 64% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 32.31% in the last month
  • Relative strength Index 71.42%
  • Barchart computes a technical support level at 3.81
  • Recently traded at 3.89 with a 50 day moving average of 2.94

Groupon (GRPN)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 30.26% in the last month
  • Relative Strength Index 76.09%
  • Barchart computes a technical support level at 8.74
  • Recently traded at 9.01 with a 50 day moving average of 7.21

Leap Wireless International (LEAP)

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 30.63% in the last month
  • Relative Strength Index 78.39%
  • Barchart computes a technical support level at 7.00
  • Recently traded at 7.25 with a 50 day moving average of 6.00

Envivio= (ENVI)

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 39.64% in the last month
  • Relative Strength Index 65.05
  • Barchart computes a technical support level at 2.32
  • Recently traded at 2.36 with a 50 day moving average of 1.81

Disclosure: I am long DYAX.

Stocks: DYAX, GRPN, T, ENVI