Observation from Chart:
FAVCO succeed breakout ascending triangle resistance, RM2.89 level ?
How high will it go?
Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K confirm a BUY call itinerary.
Most probably, it able break through RM2.89 resistance.
Subsequent resistance RM3.16 level.
Immediate support @ MA20/ MA50 level.
Subsequent support @ RM2.71 level.
Let watch closely...
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