FAVELLE FAVCO BHD
Observation from Chart:
FAVCO retest RM1.50 resistance level.
Will it break through? Or retrace down?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.
If the bull strong enough, most probably can break through RM1.50 resistance.
Subsequent resistance RM1.55 level.
Immediate support @ MA20 level.
Subsequent support @ MA50 level.
Let watch closely for entry opportunity...
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