p/s: For "Y".
Trading play. Healthcare sector - integrated facility management, IFM. Laundromat for Malaysia government's hospitals and some hospitals in Saudi A. MY GH laundromat contract expiring, renewal expected soon. Around October/November 2010. Faber could be a SELL-on-news play, so extra caution is advised trading this counter.
Daily chart. C 2.98 & F 2.50. The last 7 candles are bullish with strong price/volume momentum. Closed above immediate downtrend line. Immediate resistance, IR 2.89, R1 2.98, R2 3.04.
Weekly chart. The chart is less congested. Long uptrend line support test. Indicators are hooking up. IR 2.89, R1 3.04.
Trading note. Personally no trading position in Faber. Prefers KPJ for health sector exposure.
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