BRND is Looking Great - Major Upside

BRND is Our Top Pick BRND is consolidating on Monday morning as investors are taking profits after last weeks impressive 14.5% rally. This is exactly the same trading pattern as last week.   Last week, BRNDs share price consolidated on Monday following a 56.5% rally from $0.46 to $0.72. In a wild day of trading, the share opened higher at $0.745, fell to a low of $0.62 and then rallied toward the end of the day to finish at $0.70, down $0.02 on the day.   Traders who took advantage of last Mondays profit-taking consolidation to buy BRND at $0.70 or below were laughing all the way to the bank last week, pocketing a profit of between 17.1% and 32.3% by the end of the day on Friday.   Here it is Monday again and BRND is consolidating. It is important to note that, so far, the price is holding above the $0.80 level, even in heavy volume, indicating that there is strong support for the shares.   Another key point to note is that the short-term and long-term simple moving averages are continuing to rise. The 7-day simple moving average, a key short-term indicator, is currently at $0.7564. The share price has stayed consistently above the 7-day simple moving average ever since the current rally started at $0.35 on September 20.   We remain confident that BRND will be one of our best picks for 2012. The business plan is there, the management is there, the products are there. Traders should take advantage of any consolidation during todays trading to get on board.   If this weeks trading looks anything like the trading over the past two weeks, BRND could be around the $1.00 level by Friday.     Disclaimer: http://liolink.com/images/2012/10/19/mSaif.jpg     Natti Reach LTD Nerine Chambers, POB 905, Road Town BVI

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