Wednesday, October 31, 2012

Momentum Acceleration Point: FAVCO is Moving Up!!!

Hi all fans,
if you are following my blog, you know that I am talking about a stock in Bursa Malaysia called FAVCO. Well, it is moving up. Based on my Momentum Acceleration Point technique as discussed few days ago, FAVCO is predicted to move higher.

If FAVCO continues to cross the Bollinger middle band, then it might be a good indication that FAVCO will move higher.

Now, FAVCO price is moving higher and crossing middle band of Bollinger Band. I am expecting it to move further up. Then I can take profit. Stay tuned for more good news!
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