Cedar Shopping Centers - Buy Signals

Today I added Cedar Shopping Centers (NYSE:CDR) to the Barchart Van Meerten Speculative portfolio for positive price momentum:

Barchart technical indicators:

  • 72% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 12.27% in the last month
  • Relative Strength Index 76.41%
  • Barchart computes a technical support level at 6.44
  • Recently traded at 6.67 with a 50 day moving average of 6.24

Disclosure: None

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