Tuesday, July 2, 2013

Technical Analysis July 2013: FABER (1368)

FABER GROUP BHD

Observation From Chart:

FABER is retest RM1.82 resistance level..
Will it break through the resistance?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.

Immediate resistance, RM1.82 level.
Immediate support MA20 level.

If able break through RM1.82, higher high is formed.

Let's watch closely.

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