4 New Buys - November 17, 2015
Today I added Owens & Minor (NYSE:OMI), Vicon Industries (NYSEMKT:VII), Braskem (NYSE:BAK) and Tal Education Group (NYSE:XRS) to the Barchart Van Meerten New High portfolio for superior price momentum.
Owens & Minor
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 9.83% in the last month
- Relative Strength Index 74.60%
- Barchart computes a technical support level at 36.80
- Recently traded at 37.93 with a 50 day moving average of 34.80
Vicon Industries
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 11 new highs and up 44.79% in the last month
- Relative Strength Index 80.69%
- Barchart computes a technical support level at 1.84
- Recently traded at 2.43 with a 50 day moving average of 1.71
Braskem
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 28.59% in the last month
- Relative Strength Index 76.83%
- Barchart computes a technical support level at 12.14
- Recently traded at 13.09 with a 50 day moving average of 9.88
Tal Education Group
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 15.51% in the last month
- Relative Strength Index 77.95%
- Barchart computes a technical support leve at 40.12
- Recently traded at 41.58 with a 50 day moving average of 34.92
Disclosure:None.