BROCK : A breakout above 0.86 should see it rally near 1
May 1, 2011 Leave a comment
BROCK has key trend resistance at 0.86, and what we are looking for here is both an increase in volume and indeed a crossing and daily close north of 0.86 to confirm the VST target at 0.98 – 1.02
The stock has some support near and just below Friday’s close at 0.83, and a strong base at 0.77-0.78.
Consider entry at 0.80-0.81, or wait for a breakout move with strong flows for the move to nearer 1.00