Monday, April 25, 2011

Sabana REIT: Turning positive.

The last time I wrote about Sabana REIT exclusively was on 4 April when I mentioned that a positive divergence was rather obvious. I also mentioned that "a significant resistance presented by the declining 20dMA at 94c would have to be cleared first." The declining 20dMA has flattened at 93.5c by now and, today, price closed at 94.5c.


For the first time in a very long time, we see the +DI