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
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