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The9 Limitied - NCTY - Buy Signals

|Includes: The9 Limited (NCTY)

This weekend I placed a buy order in for The9 Limited (NASDAQ:NCTY) in theBarchart Van Meerten Speculative portfolio:

Barchart technical indicators:

 

  • 24% Barchart technical buy signal
  • Trend spotter buy signal
  • Above its 20 and 50 day moving averages
  • 15 new highs and up 49.64% in the last month
  • Relative Strength Index 60.31
  • Barchart computes a technical support level at 6.04
  • Recently traded at 6.27 with a 50 day moving average of 5.72

Disclosure: I am long NCTY.