Tuesday, September 17, 2013

Breadtalk (technical)

Breadtalk: According to Trading Central, the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the stock is trading above its 20 day MA (0.88) but under its 50 day MA (0.91). Support at $0.88 followed by $0.87, while resistance levels are at $0.98 followed by $1.00.

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