Favco secured amount to RM89.6 million.

- Candlestick - Formed Hammer  at 1.63 support ( Bullish Reversal) - Required for a white candle to confirm reversal
 - RSI - Pointing toward to 30% and if break it show a good reversal bullish
- News - Won 2 projects

Contracts secured by	Customer	Brief description of the Contracts	Duration of the Contracts
Favelle Favco Cranes (M) Sdn Bhd	Consortium of P.T. Pal Indonesia(Persero)-Offshore Oil Engineering Co., Ltd	Supply of Offshore Crane	which is expected to be delivered by mid of 2013
Favelle Favco Cranes Pty Ltd	Technip France	Supply of Offshore Crane	which is expected to be delivered from end 2013 to end of 2014

The approximate combined value of the above substantial orders secured amount to RM89.6 million.

Data from Bursamalaysia  ( Click this link)

Next Support at 1.63 / 1.57 / 1.5

Next Resistance 1.7 / 1.78/ 1.85