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Reading International And Kongzhong Buy Signals

|Includes: KZ, Reading International, Inc. (RDI)

This morning I added Reading International (NASDAQ:RDI) and Kongzhong(KONG) to the Barchart Van Meerten Speculative model portfolio:

Reading International (RDI)

Barchart technical indicators:

 

  • 100% Barchart technical buy signal
  • Trend spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 16.85% in the last month
  • Relative Strength Index 72.67%
  • Barchart computes a technical support level at 5.69
  • Recently traded at 5.79 with a 50 day moving average of 5.01


Kongzhong (KONG)

Barchart technical indicators:

 

  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 19.95% in the last month
  • Relative Strength Index 72.36%
  • Barchart computes a technical support level at 6.80
  • Recently traded at 6.95 with a 50 day moving average of 5.84

Disclosure: I am long RDI, KONG.