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Graphic Packaging = Buy Signals

Jul. 24, 2013 1:56 PM ETGPK
Jim Van Meerten profile picture
Jim Van Meerten's Blog
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Long Only, Momentum, Portfolio Strategy

Seeking Alpha Analyst Since 2009

Jim Van Meerten writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended post-baccalaureate and graduate courses in Business Administration, Quantitative Math, and Education at Florida Atlantic University, Georgia State University and University of North Carolina at Charlotte. In the past he has been an accountant, attorney, adjunct professor in Business Law, Accounting and Internal Auditing, financial advisor, supervisory principal, and compliance officer. He also passed the Georgia CPA Exam, the Certified Internal Auditor Exam, and the FINRA Series 7, 24 and 9/10 exams.He is presently also a contributor on MSN Top Stocks Blog, Motley Fool and is a member of the M100 on Marketocracy, an elete honor chosen by the editors of Marketocracy as being in the top 100 portfolio managers of over 100,000 portfoiios they review. He would enjoy hearing your comments at JimVanMeerten@gmail.com.

Today I added Graphic Packaging (GPK) to the Barchart Van Meerten Speculative portfolio for great technical indicators and positive price momentum:

Barchart technical indicators:

 

  • 96% Barchart technical buy signals
  • Trend Spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 16.12% in the last month
  • Relative Strength Index 73.60%
  • Barchart computes a technical support level at 8.63
  • Recently traded at 8.80 with a 50 day moving average of 7.98

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