Thursday 23 August 2012

Daily Trading Stocks- Faber Group Bhd

Faber may climb further after a firm close yesterday. A position can be initiated on a close above RM1.42, with a close below the recent low of RM1.30 as a stop-loss. The price target is at prior high of RM1.65, with selling also expected at RM1.50. Failure to break may see it lower and strong support is at RM1.25.

Source: OSK

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