Favco may decline after failing to break above the RM1.80 resistance level again. A trader can liquidate on a close below RM1.70, with supports expected at RM1.50 and RM1.30. Failure to break below RM1.70 could see the stock higher and a violation of RM1.80 could see it testing the psychological RM2.00.
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....