Fool Trader KLSE Research

Stock Overview - FAVCO - 6 Sep 2012

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Publish date: Fri, 07 Sep 2012, 02:54 PM
FAVCO ( 7229 : 1.65 ) : Buy below 1.60

Description

Resistance : 1.84
Support : 1.56

RSI of 48
RSI is neutral

STOCHASTIC
It is approaching oversold, indicating a limited downside

Comment
With technicals oversold, it is due for a rebound

Trading Strategy
Buy below 1.60. Stop loss is at 1.55


Source:Jupiter Securities Reasearch 06 September 2012

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