Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
This morning I added Education Realty Trust (EDR) to the Barchart Van Meerten Speculative portfolio for positive price momentum.
- 96% Barchart technical buy signal
- Trend Spotter buy signal
- Trading above the 20, 50 and 100 day moving averages
- 11 new highs and up 8.79% in the last month
- Relative Strength Index 61.13% and rising
- Barchart computes a technical support level at 9.14
- Recently traded at 9.23 which is above its 50 day moving average of 8.73
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.