BLAND : Little reason to buy back just yet.

Since the peak in August 2010 at 1.08 BLAND has been a nightmare to trade, and is now at a deep and indeed last ditch support on its weekly chart. Trading at just 0.62, there is some support from here to 0.58, which by the looks of things may be retested imminently. The stock has lower support at 0.55, and given anemic volume of late, there doesn’t seem to be any reason to try and catch the falling knife just yet.

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