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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