Thursday, October 08, 2009


BRDB Weekly Chart

Immediate resistance at 1.82, next one at 2.30. Weekly chart is not yet overbought. Daily almost. Best way to play this is BRDB-WA which has broken the ascending triangle pattern. At today's closing BRDB-WA is not yet overbought and trading at -1.12% premium.

Disclosure: Long in BRDB-Wa.

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