Real Good Food (54.5p) - Breakout?

Real Good Food Group (AIM: RGD), one of our sharepicks for 2011, looks as if it is on the move again!

Following a lateral breakout from the minor downtrend of the last month or so, a buy signal seems to be indicated by the price action (see graph) and also confirmed by the Stochastic and ADX indicators.

The AGM is due on 2nd June - do you think there is more good news to come then?