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16 March Hot Stock Picks - Breaktalk


A BreadTalk outlet at Causeway Point, Woodland...Image via Wikipedia


Breadtalk is another hot stock which has been climbing steadily from last Nov to a high of 75 cents. For 2 months, it has been consolidating and now, as we approach the tip of the flag triangle, i would expect Breadtalk to breakout anytime soon. 71 cent is the first resistance for breakout after which traders have to take care of 75 cents resistance which is the high of Dec 2009. The major flag pole formation should take the stock to 90 cents based on technical chart target of a flag breakout.







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