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Torch Energy hits new highs

|Includes:Torch Energy Royalty Trust (TRU-OLD)

This morning I added Torch Energy Royalty Trust (TRU) to the Barchart Van Meerten Speculative portfolio for hitting 12 new highs in the last month.

 
Barchart technical indicators:
 
  • 100% Barchart short term technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 41.71% in the last month
  • Relative Strength Index 73.85% and rising
  • Barchart computes a 52.49 technical support level
  • Traded recently at 2.90 which is above its 50 day moving average of 2.02
Jim Van Meerten is a Marketocracy Master
 
Stocks: TRU-OLD