Omni picks Wed 7/2

[Jazz]

3 picks tonight

NEW LONGS
BA. British Aerospace ADV 95 BTHR 84
REF Reflec ADV 99 BTHR 83

NEW SHORT
OEI Old English Inns ADV 83 BTHR 86

Come up from .85p 28/1 to 1.07 yesterday & today, but failed to hold above recent high of 1.04. Finished at 1.035 today.

Rgds
J

 

[Cigar]

Can't see much ado about REF.

BA#

I think its running up to resistance at ~305p.
Its now had 4 continuous up days.. won't get many more without a rest.
RSI now 66.. seems to turn ~ 70ish in recent times.
Its approaching the upper Bollinger Band

Theres 1 or 2 signs on the daily and weekly charts that she could go further but i'd like to see it beyond 305/308 for a couple of days before I went in.

rgds