Stock Overview - BSTEAD - 25 Apr 2012

BSTEAD ( 2771 : 5.31 ) : Accumulate/Stop loss 5.10

Description

Resistance : 5.60
Support : 5.20

RSI of 39
RSI is oversold

STOCHASTIC
It is oversold

TREND INDICATOR

Comment
With oversold technicals, it is on a limited downside. It is worth accumulating for an upside of 5.60

Trading Strategy
Buy. Stop loss is at 5.10

 Source:Jupiter Securities Research 25 April 2012