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

Redhat And Linktone Sell Signals

|Includes:LTON, Red Hat, Inc. (RHT)

Today I deleted Red Hat (RHT and Linktone (NASDAQ:LTON) from the Barchart Van Meerten New High portfolio for negative price momentum:

Red Hat (NYSE:RHT)

Barchart technical indicators:

 

  • 56% Barchart technical sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100day moving averages
  • 16.99% off its 1 year high
  • Relative Strength Index 35.98%


Linktone (LTON)

Barchart technical indicators:

 

  • 8% Barchart technical sell signal
  • Trend Spotter sell signal
  • Below its 20 and 50 day moving averages
  • 18.39% off its 1 year high
  • Relative Strength Index 41.82%
Stocks: RHT, LTON