AmInvest Research Reports
Stocks on Radar - Favelle Favco (7229)
AmInvest
Publish date: Mon, 06 May 2019, 09:28 AM
AmInvest
0 9,057
An official blog in I3investor to publish research reports provided by AmInvest research team.
All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
Favelle Favco retreated slightly after failing to break above the resistance price of RM2.77. With an RSI level above 50%, its uptrend momentum may resume if it breaks above the resistance price of RM2.77 in upcoming sessions. If this happens, its short term target price will be RM2.92 followed by RM3.03. Support price is anticipated at RM2.61, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy upon breakout above RM2.77
Target: RM2.92, RM3.03 (time frame: 3-6 weeks)
Exit: RM2.61
Source: AmInvest Research - 6 May 2019
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on AmInvest Research Reports
Featured Posts
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-07-30 16:30:00
EMA 5
30 Mins
SELL
2024-07-30 16:25:00
ADX
5 Mins
SELL
2024-07-30 16:00:00
TURTLE SYSTEM 20
Hourly
SELL
2024-07-30 16:00:00
TURTLE SYSTEM 55
Hourly
SELL
2024-07-30 16:00:00
OBV
30 Mins
SELL
Apps
Top Articles
1
https://dividendguy67.blogspot.com
2
Good Articles to Share
3
4
Good Articles to Share
5
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
