Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Reed And Actions Semiconductor Sell Signals

|Includes:ACTS, Reed's, Inc. (REED)

Today I deleted Reeds Inc (NASDAQ:REED) and Actions Semiconductor (NASDAQ:ACTS) from the Barchart Van Meerten Speculative portfolio for negative price momentum and technical indicators:

Reeds Inc (REED)

Barchart technical indicators:

 

  • 80% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 39.09% off its recent high
  • Relative Strength Index 27.02%


Actions Semiconductor (ACTS)

Barchart technical indicators:

 

  • 64% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 17.10% off its recent high
  • Relative Strength Index 39.25%
Stocks: REED, ACTS