Friday, 8 July 2011. BSTEAD – Stock Pick

BSTEAD ( 2771 : 6.00 ) : Targeting 6.36
Description
Resistance : 6.36
Support : 5.92
RSI of 49
RSI is neutral
STOCHASTIC
It is riding on an upswing
TREND INDICATOR.
Down
Comment
It is recovering from its oversold level, indicating an upside of 6.36
Trading Strategy
Buy. Stop loss is at 5.92