Stock Overview - FAVCO - 26 June 2012

FAVCO ( 7229 : 1.62 ) : Take profit

Description

Resistance : 1.65
Support : 1.58

RSI of 71
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 13/6/2012 buy call at 1.43, we are recommending to take profit as technicals approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research 26 June 2012