Friday, May 31, 2013

Boustead (technical)

Boustead: share price chart looks damaged by today's long black candle. Recent downward momentum on active volume also bodes negatively for near term price action. If support at $1.30 is broken, may see further downside to the $1.25 level, as the weak RSI still has some way to go before hitting oversold levels.

No comments:

Post a Comment