Journey to Wealth
Daily Trading Stocks : Favelle Favco Bhd
Favco could rally after it rebounded well above the 200-day MAV line recently. A position can be initiated above RM1.50, with a close below RM1.40 as stop-loss. The price target is the 2011 high of RM1.80, provided that the recent high of RM1.60 is violated convincingly. The stock should trade lower if the stop-loss is triggered and supports lie at RM1.30 and RM1.15.
Source: OSK
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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....
