Wednesday, September 19, 2012

Technical Analysis Sept 2012: FABER (1368)


FABER GROUP BHD

Observation From Chart:

FABER is forming descending triangle.
Will it break down RM1.30 support level?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistant MA20 level.
Immediate support RM1.30 level.

Let's watch closely for official break out before decide action.

0 comments:

Post a Comment