Tuesday, 3 April 2012 BSTEAD – Stock Pick

BSTEAD ( 2771 : 5.47 ) : Targeting 6.40

Description
Resistance : 5.66 6.40
Support : 5.20

RSI of 48
RSI is stabilising

STOCHASTIC
It has started to turn upwards

TREND INDICATOR
Comment
While it is on a consolidation mode, it is expected to break on the upside. Buy for a longer term haul target of
6.40

Trading Strategy
Buy. Stop loss is at 5.20



Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice. Statements