Favco's rally should continue after it closed above the RM1.80 resistance level yesterday. A position can be initiated on another close above the level, with a close below the two-day low of RM1.72 as a stop-loss. Look for the stock to test the all-time high of RM2.30, provided the RM2.00 psychological level is violated. The stock may decline if the stop-loss is triggered and strong support is at RM1.60. Source: OSK
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....