Today I added Forcefield Energy (NASDAQ:FNRG) to the Barchart Van Meerten Speculative portfolio for positive price momentum. I found the stock by sorting the New High under $10 list for new high frequencies in the last month:
Barcgart technical indicators:
- 72% Barchart technical buy signals
- Trend Spotter buy signals
- Above its 20, 50 and 100 day moving averages
- 17 new highs and up 2.93% in the last month
- Relative Strength Index 74.98%
- Barchart computes a technical support level at 6.31
- Recently traded at 6.33 with a 50 day moving average of 6.08
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