Tuesday, 22 May 2012

Stock Overview - BSTEAD - 23 May 2012


BSTEAD ( 2771 : 4.98 ) : Targeting 5.44/Stop loss 4.86

Description

Resistance : 5.44 5.54
Support : 4.92

RSI of 37
RSI is recovering

STOCHASTIC
It is recovering

Comment
With oversold technicals, it is heading for 5.44

Trading Strategy
Buy. Stop loss is at 4.86

Source:Jupiter Securities Research 23 May 2012

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