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Monday, May 2, 2016

BreadTalk

BreadTalk after Ex.CD on 26th April 2016 it had managed to trend higher and close well at 1.095 on 29th April 2016. This is rather bullish.

Last Fri closing price of 1.095 with super high volume is posing well for a continuous driving force to drive the share price higher.



Both Macd & Rsi are rising and may provide further catalyst that the share price may continue to trend higher.

Short term wise it may move up to re-visit 1.15. Crossing over of 1.15 with good volume that may propel to drive the share price higher towards 1.20 then 1.25 with extension to 1.31.

(trade base on your own decision)

1 comment:

  1. Live updates and latest news on stock market with free trading tips from Epic Research to increase your financial growth.

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