My overnight sell order at 90c was filled. Those units which were bought at 87c and 88c were divested. I liken the gains to locking in income distributions in advance.
As I still have a sizeable investment in Sabana REIT, divesting those bought at lower prices for capital gain does not seem like a bad idea with market volatility likely to be the norm for a while. I could well have opportunities to buy in again on the cheap in future.
What if its unit price were to stay strong? That would make me happy too since I am still very much vested. Either way, I have a plan and that means I sleep better at night.
Although the MACD has completed a bullish crossover with the signal line, momentum is still negative. This is a rebound and not an uptrend.
90c is a natural resistance level. If this were to be broken convincingly, we ......