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Christopher And Banks And General Finance Buy Signals

Aug. 07, 2012 10:31 AM ETC, GFN
Jim Van Meerten profile picture
Jim Van Meerten's Blog
66.05K Followers
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I added Christopher and Banks (CBK) and General Finance (GFN) to the Barchart Van Meerten Speculative portfolio for superior upward momentum

Christopher and Banks (CBK)

Barchart technical indicators:

  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 67.65% in the last month
  • Relative Strength Index 79.51%
  • Barchart computes a technical support level at 2.11
  • Recently traded at 2.28 with a 50 day moving average of 1.41


General Finance (GFN)

Barchart technical indicators:

  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 7.69% in the last month
  • Relative Strength Index 73.57%
  • Barchart computes a technical support level at 3.27
  • Recenlty trade at 3.50 with a 50 day moving average of 3.18

Disclosure: I am long CBK, GFN.

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