Favelle Favco may trade lower after the weak close last Friday. A violation of the 3-month low of RM1.32 should confirm the weakness and selling can be done if that happens. Supports are at the Fibonacci retracement of the prior 5-month rally of RM1.23 and RM1.15. However, a close above RM1.40 signals that the support level is holding but resistance is at the prior highs of RM1.50 and RM1.60.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4542 views | 4 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....