Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Rodman & Crenshaw - RODM - New Highs

|Includes: Direct Markets Holdings Corp. (MKTSQ)

On Barchart's new high list today: Rodman & Crenshaw Capital (RODM)

Barchart technical indicators:

 

  • 56% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20 and 50 day moving average
  • 17 new highs and up 60.87% in the last month
  • Relative Strength Index 72.66%
  • Barchart computes a technical support level at .67
  • Recently traded at .74 with a 50 day moving average of .51

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in RODM over the next 72 hours.