Monday, March 24, 2014

REPOST ************ Trading BUY: Breadtalk. (Has cleared immediate 1.05 resistance today !!! )

Breaktalk at 1.175 currently, congrats to those who hitch on this breakout call….. Resistance at 1.20, would be good to take profit first in view of the huge run after last week call. However, a break above 1.20 can see it find a new high to 1.30 probably. May see it consolidating first below 1.20 for a while before staging a new breakout.
 
 
 
Sent: Wednesday, March 19, 2014 4:33 PM
Subject: ************* Trading BUY: Breadtalk. (Has cleared immediate 1.05 resistance today !!! )
Breadtalk can be a stock to watch if it manages to stay above 1.05 now. Target to 1.10 then 1.20…. Resistance at 1.05 has been holding since Apr last year and we have seen quite a convincing breakout today. Higher volume would be more positive for this counter. Currently at 1.06. Let’s see if 1.05 resistance turned support can hold now !
Stop loss at 0.99
 

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