This morning I deleted American Lorain (NYSEMKT:ALN), Earthlink (NASDAQ:ELNK) and Axcelis Technologies (NASDAQ:ACLS) from the Barchart Van Meerten Speculative portfolio for negative price momentum.
American Lorain
Barchart technical indicators:
80% Barchart technical sell signals
Trend Spotter sell signal
Below its 20, 50 and 100 day moving averages
36.70% off its recent high
Relative Strength Index 25.95%
Earthlink
Barchart technical indicators:
40% Barchart short term sell signals
Trend Spotter sell signal
Below its 20 and 50 day moving averages
11.19% off its recent high
Relative Strength Index 47.44%
Axcelis Technologies
Barchart technical indicators:
48% Barchart technical sell signals
Trend Spotter sell signal
Below its 20, 50 and 100 day moving averages
16.05% off its recent high
Relative Strength Index 37.91%
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