Wednesday, 21 Dec 2011. BSTEAD – Stock Pick

BSTEAD ( 2771 : 5.53 ) : Targeting 6.00
Description
Resistance : 5.78 6.00
Support : 5.29 5.45
RSI of 57
RSI is recovering
STOCHASTIC
It is on an upswing
TREND INDICATOR
Sideways
Comment
The current recovery off the low of 5.29, is heading for 5.78, and possibly 6.00
Trading Strategy
Buy. Stop loss is at 5.29

Disclaimer
This report is provided for information purposes only.