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Sold Marchex Bought American Lorain

|Includes:ALN, Marchex, Inc. (MCHX)

Today I sold Marchex (NASDAQ:MCHX) and bought American Lorain (NYSEMKT:ALN) in the Barchart Van Meerten Speculative portfolio:

SOLD Marchex (MCHX)

Barchart technical indicators:

 

  • 64% Barchar technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 17.47% off it recent high
  • Relative Strength Index 33.93%


BOUGHT American Lorain (ALN)

Barchart technical indicators:

 

  • 72% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 6.14% in the last month
  • Relative Strength Index 54.57%
  • Barchart computes a technical support level at 1.18
  • Recently traded at 1.24 with a 50 day moving average of 1.16
Stocks: MCHX, ALN