BJFood has just broken above its horizontal resistance at RM1.80. With this breakout, the stock may continue with its prior uptrend. Its immediate resistance would be RM2.00 & likely target will be RM2.20.
Based on technical consideration, BJFood could be a good trading BUY.
Chart: BJFood's daily chart as at July 24, 2013_4.00pm (Source: Quickcharts)
Note:
In
addition to the disclaimer in the preamble to my blog, I hereby confirm
that I do not have any relevant interest in, or any interest in
the acquisition or disposal of, BJFood.
No comments:
Post a Comment