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Speculative with Momentum

Topic: Stock Price Movements — Technical Analysis
Jul. 2 2015, 09:32 AM ET - by VF member vanmeerten (903 gold star (click for information on feedback))

Bought Neothetics --

Today I added Neothetics (NEOT) to the Barchart Van Meerten Speculative portfolio for extremely good upside price momentum.

Barchart technical indicators:

80% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 40.73% in the last month
Relative Strength Index 75.26
Barchart computes a technical support level at 8.05
Recently traded at 8.88 with a 50 day moving average of 6.91


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Speculative with Momentum