Tuesday, 7 Aug 2012 FAVCO – Stock Pick

Tuesday, 7 Aug 2012 FAVCO – Stock Pick




FAVCO ( 7229 : 1.62 ) : Targeting 1.82/Stop loss 1.52

Description

Resistance : 1.82

Support : 1.52

RSI of 67
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
The current uprun is targeting 1.82

Trading Strategy
Buy. Stop loss is at 1.52

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.