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What is your suggestion in buying Astec Lifesciences Ltd.

I am planing to invest in Astec Lifesciences Ltd.for 1000 share between 60 to 70 range for a period of 6 month. What is your opinion. Or please advise anything similar range which you think is more potential.
Thanks and Regards
Rahim

Posted by Rahim Posted on : 02-Sep-2014

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Answer to this Question By Community
Posted by stockpick Posted on: 04-Sep-2014	I personally stay away form this stock due to below reasons: -First the stock is already 4 weeks high -Second it is near a major resistance ard 69 -Third Looking at the tecnical chart, it looks like that there may be formation of triple top which is strong bearish signal at uptrend. Still if you want to buy on some news or rumors, buy after it crosses the resistance and follow strict stop loss. stockpick

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