Nevsun Resources -- sell signals
Jan. 25, 2011 11:51 AM ETNSU-OLD
Jim Van Meerten's Blog
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This morning I deleted Nevsun Resources (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.
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