FAVCO ( 7229 : 1.65 ) : Buy below 1.60
Description
Resistance : 1.84
Support : 1.56
RSI of 48
RSI is neutral
STOCHASTIC
It is approaching oversold, indicating a limited downside
Comment
With technicals oversold, it is due for a rebound
Trading Strategy
Buy below 1.60. Stop loss is at 1.55
Source:Jupiter Securities Reasearch 06 September 2012
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