Thursday 26 July 2012

Stock Overview - FABER - 27 July 2012


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

Source:Jupiter Securities Research 27 July 2012

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