Fool Trader KLSE Research

Stock Overview - FAVCO - 13 June 2012

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Publish date: Wed, 13 Jun 2012, 02:26 PM

FAVCO ( 7229 : 1.43 ) : Targeting 1.60/Stop loss 1.35

Description

Resistance : 1.51 1.60
Support : 1.39

RSI of 54
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
The technical rebound is targeting 1.51, then 1.60

Trading Strategy
Buy. Stop loss is at 1.35

Source:Jupiter Securities Research 13 June 2012

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