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A. Shulman And Brocade Communications Systems Buy Signals

|Includes:BRCD, A. Schulman, Inc. (SHLM)

Today I added A. Shulman (NASDAQ:SHLM) and Brocade Communications Systems (NASDAQ:BRCD) to the Barchart Van Meerten New High portfolio:

A. Shulman (SHLM)

Barchart technical indicators:

 

  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 19 new highs and up 12.00% in the last month
  • Relative Strength Index 69.55%
  • Barchart computes a technical support level at 24.08
  • Recently traded at 24.45 with a 50 day moving average of 21.12


Brocade Communications Systems (BRCD)

Barchart technical indicators:

 

  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 21.12% in the last month
  • Relative Strength Index 73.41%
  • Barchart computes a technical support level at 5.72
  • Recently traded at 5.85 with a 50 day moving average of 4.97

Disclosure: I am long SHLM, BRCD.

Stocks: SHLM, BRCD