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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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Marketocracy capital management
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  • MaxLinear - MXL - Buy Signals 0 comments
    Jun 24, 2012 3:33 PM | about stocks: MXL

    This weekend I put in a buy order for MaxLinear (NYSE:MXL) in theBarchart Van Meerten Speculative portfolio:

    Barchart technical indicators:

     

    • 24% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its and day moving averages
    • 15 new highs and up 21.60% in the last month
    • Relative Strength Index 65.29%
    • Barchart computes a technical support level at 4.76
    • Recenlty traded at 5.01 with a 50 day moving average of 4.67

    Posted by

    Disclosure: I am long MXL.

    Stocks: MXL
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