CSIQ, LPLA And ETFC Sell Signals

By Jim Van Meerten of Barchart.com

Contributor Barchart Chart of the Day • Apr 8, 2014 at 12:44 PM EDT

I'm not in a wholesale sell out mode but I'm trimming stocks that exhibit failure to keep their momentum. I trimmed Canadian Solar (CSIQ), LPL Investments (LPLA) and E*Trade Financial (ETFC) for the Barchart Van Meerten New High portfolio.

I'm not in a wholesale sell out mode but I'm trimming stocks that exhibit failure to keep their momentum. I trimmed Canadian Solar (CSIQ), LPL Investments (LPLA) and E*Trade Financial (ETFC) for the Barchart Van Meerten New High portfolio.

Canadian Solar (CSIQ)

Barchart technical indicators:

88% Barchart technical sell signals
Trend Spotter sell signal
Below its 20, 50 and 100 day moving averages
35.39% off its recent high
Relative Strength Index 34.00%

LPL Investments (LPLA)

Barchart technical indicators:

72% Barchart technical sell signals
Trend Spotter sell signal
Below its 20, 50 and 100 day moving averages
12.19% off its recent high
Relative Strength Index 34.98%

E*Trade Financial (ETFC)

Barchart technical indicators:

56% Barchart technical sell signals
Trend Spotter sell signal
Below its 20, 50 and 100 daily moving averages
22.40% off its recent high
Relative Strength Index 29.49%

Disclosure:

The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance.

STOCKS IN THIS ARTICLE

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