Bualuang Securities (BLS) : Breakout imminent: Target 20.60-21.00
February 9, 2011 Leave a comment
It might take another short while, but BLS will almost certainly break above the key medium term resistance from 18.90 to 19.30. When it manages to pass this range we expect it will rally to 20.60-21.00 or so quickly thereafter. Currently trading at 18.60, entry nearer 18.10 for both a trade up to the breakout zone, and for sing traders on to nearer 21 can be considered.