F&N: Better stay aside and watch

This stock is called by a number of brokers as the those 'better' stocks to hold for this year because they feel 'comfortable' with its fundamentals. Yesterday it has just flashed a new daily buy signal with its MACD crossed up But with a bearish divergence found at both its daily and weekly chart, these are stocks that prices that are telling us it may be collapsing soon.

If for any strange reason that you may feel you need to buy this stock, then the least you should do is to wait for it to clear its recent high of 9.10 CONVINCINGLY. By that I mean 2 daily closing above that level with volume. Otherwise, there are plentiful of other stocks with better Ba Tzi - I mean, why fight the market ?