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I Bought REED And DYAX

|Includes:Dyax Corp. (DYAX), REED

This morning I added Reeds (NASDAQ:REED) and Dyax (NASDAQ:DYAX) to the BarchartVan Meerten New High portfolio:

Reeds (REED)

Barchart technical indicators:

 

  • 100% Barchart technical signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 92.69% in the last month
  • Relative Strength Index 88.07%
  • Barchart computes a technical support level at 3.18
  • Recently traded at 4.22 with a 50 day moving average of 2.31


Dyax (DYAX)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 33.56% in the last month
  • Relative strength Index 73.74%
  • Barchart computes a technical support level at 1.77
  • Recently traded at 1.99 with a 50 day moving average of 1.62

Disclosure: I am long REED, DYAX.

Stocks: DYAX, REED