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Nevsun Resources -- sell signals

|Includes: Nevsun Resources Ltd. (NSU)
20,50 & 100 DMA

This morning I deleted Nevsun Resources (NYSEMKT:NSU) from the Barchart Van Meerten Speculative portfolio for negative price trends:

  • Barchart Trend Spotter (tm) technical sell signal
  • Trading below its 20, 50 and 100 day moving averages
  • 29.68% off its recent high
  • Relative Strength Index is 26.59% and dropping
Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs.  He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.