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Reading International -- RDI -- Sell signals

|Includes: Reading International, Inc. (RDI)

 This morning I deleted Reading International (NASDAQ:RDIfrom the Barchart Van Meerten Speculative portfolio for negative price trends:

  • 60% Barchart short term technical sell signal
  • Trend Spotter (tm) sell signal
  • Trading below 20 and 50 day moving averages
  • Relative Strength Index 38.27% and dropping
Jim Van Meerten is an advisor to Marketocracy Capital Managementwho uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog. 

Disclosure: I am long RDI.

Additional disclosure: I was long but entered a sell order this morning