Friday, 5 Aug 2011. BRDB – Stock Pick

BRDB ( 1473 : 2.12 ) : Double Bottom
Description
Resistance : 2.38 2.42
Support : 1.97
RSI of 75
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR.
Up
Comment
The current rebound, from the Double bottom of 1.86, is heading for 2.38
Trading Strategy
Buy. Stop loss is at 1.97