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4 Great Low Priced Stocks

|Includes:BTN, Reading International, Inc. (RDI), SBLK, UMC

This morning I added Reading International (NASDAQ:RDI), Ballantyne Strong (NYSEMKT:BTN), United Microelectronics (NYSE:UMC) and Star Bulk Carrier (NASDAQ:SBLK) to the Barchart Van Meerten Speculative portfolio. These are low priced stocks with very strong short term momentum

Reading International (RDI)

Barchart technical indicators:

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 8.37% in the last month
  • Relative Strength Index 75.67%
  • Barchart computes a technical support level at 4.67
  • Recently traded at 5.05 with a 50 day moving average of 4.61

Ballantyne Strong (BTN)

Barchart technical indicators:

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 18.23% in the last month
  • Relative Strength Index 71.63%
  • Barchart computes a technical support level at 5.80
  • Recently traded at 6.29 with a 50 day moving average of 5.37

United Microelectronics (UMC)

Barchart technical indicators:

  • 64% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 7.76% in the last month
  • Relative Strength Index 61.53%
  • Barchart computes a technical support level at 2.63
  • Recently traded at 2.64 with a 50 day moving average of 2.57

Star Bulk Carriers (SBLK)

Barchart technical indicators:

  • 8% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20 and 50 day moving average
  • 11 new highs and up 6.47% in the last month
  • Relative Strength Index 54.43%
  • Barchart computes a technical support level at .93
  • Recently traded at .95 with a 50 day moving average of .94

The stocks mentioned above may be held in either personal or family member accounts and/or mutual funds and separately managed accounts at Marketocracy Capital Management from whom I receive compensation as a financial analyst

Disclosure: I am long RDI, BTN, UMC, SBLK.

Stocks: RDI, BTN, UMC, SBLK