BJFood- uptrend to continue

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.