TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
This week I added some penny stocks that came up on my screeners to the Barchart Van Meerten Speculative portfolio. Added were Federal National mortgage Association (FNMFN), Telkonet (OTCQB:TKOI), Just Energy Group (NYSE:JE) , First Reliance Bank of SC (OTCPK:FSRL) and Online Vacation Center (OTCPK:ONVC).
Federal National Mortgage Association
Barchart technical indicators:
72% Barchart technical buy signals
40.03+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
7 new highs and up 6.48% in the last month
Relative Strength Index 54.57%
Barchart computes a technical support level at 8.9876
Recently traded at 9.2000 with a 50 day moving average of 8.7216
Telkonet
Barchart technical indicators:
40% Barchart technical buy signals
54.41+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
10 new highs and up 12.21% in the last month
Relative Strength Index 56.82%
Barchart computes a technical support level at .2379
Recently traded at .2637 with a 50 day moving average of .2360
Just Energy Group
Barchart technical indicators:
96% Barchart technical buy signals
63.00+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 23.52% in the last month
Relative Strength Index 69.88%
Barchart computes a technical support level at 7.00
Recently traded at 7.32 with a 50 day moving average of 6.13
First Reliance Bank of SC
Barchart technical indicators:
96% Barchart technical buy signals
71.90+ Weighted Alpha
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
6 new highs and up 7.29% in the last month
Relative Strength Index 68.75%
Barchart computes a technical support leve at 5.1500
Recently traded at 5.1500 with a 50 day moving average of 4.6512
