BreadTalk (technical)

BreadTalk: share price has been slowly drifting down on declining volume; see $0.925 as the first support level, followed by a firmer support at $0.89. The indicators have also flattened out. Without any conviction signals, we expect share price to be relatively unchg in the near term. Watch for the break out of the $0.925 - 1.04 range for subsequent guidance on direction.