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Perion Network - PERI - Buy Signals

|Includes:Perion Network Ltd. (PERI)

This afternoon I put in a buy order for Perion Networks (NASDAQ:PERI) in theBarchart Van Meerten Speculative portfolio for great upward momentum. The chart is an hourly trading chart over the past month

Perion Networks (PERI)

Barchart technical indicators:

 

  • 72% Barhcart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 21.98% in the last month
  • Relative Strength Index 79.86%
  • Barchart computes a technical support level at 4.50
  • Recently traded at 4.94 with a 50 day moving average of 4.22

Disclosure: I am long PERI.

Stocks: PERI