Thursday, January 26, 2012

Sabana: Sell Order Fulfilled @ $0.91


Divested half of my holdings in Sabana REIT when the price reached $0.91, a very strong resistance. Like other stocks in the bullish market now, Sabana broke through all four moving averages and continued to trend upward to $0.915 before retreating back to $0.91 (thanks to my only sell order at that point of time).

Divested funds from both AIMSAMPI and Sabana will be stored in my warchest, ready for the next bearish downtrend after the buying sphere (could it be due to CNY and 4Q DPU ex-dates?) runs out of steam.

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