Friday, 27 July 2012 FABER – Stock Pick

Friday, 27 July 2012 FABER – Stock Pick




FABER ( 1368 : 1.47 ) : Buy below 1.45

Description

Resistance : 1.65 1.77

Support : 1.44

RSI of 49
RSI is recovering

STOCHASTIC
It is on an upswing

Comment
While a small pullback to 1.44 is likely, it is heading higher to 1.65, 1.77

Trading Strategy
Buy below 1.45. Stop loss is at 1.39

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.