F&N may rebound after closing at its highest in four days. A purchase can be made on a close above RM19.50, with a close below RM19.20, or preferably RM19.00, as a stop-loss. The price target is RM22.30, provided that the recent high of RM21.00 is violated. However, look for the stock to trade lower if it closes below RM19.00 and strong support is at RM18.00.
Source: OSK
No comments:
Post a Comment