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Covenant Transportation Group - CVTI - sell

|Includes:Covenant Transportation Group, Inc. (CVTI)

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio.

I'm selling Covenant Transportation Group (NASDAQ:CVTI) from the Barchart Van Meerten Speculative portfolio for technical reasons:

  • 60% Barchart technical sell signal
  • Trend Spotter (tm) sell signal
  • Trading below the 20 & 50 daily moving average
  • Lost 22.13% in the last 5 sessions
  • Relative strength index of only 35.52%

Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.



Disclosure: No position in CVTI at the time of publication
Stocks: CVTI