Wednesday, January 25, 2012

Sabana REIT: Partial divestment at 91c.



In an earlier blog post, I mentioned that immediate resistance for Sabana REIT is to be found at 91c. If this were to be taken out, we could see gap filling at 91.5c.

My sell order at 91c was filled today. Technically, if unit price should weaken when the REIT goes XD, we could see a decline to retest support which seems to be on a rising trendline. This would be in the region of 87c. That is