* For a technical chart: link.reuters.com/kyk52t
Shares of Indonesia's Charoen Pokphan, which rose
as much as 3.7 percent on Friday, could go up further, technical
The stock price has risen above the Parabolic SAR (Stop and
Reverse) points, which is a positive sign.
The shares, which had a sharp fall in the last month, face
support at their 200-day exponential moving average.
The Price Volume Trend indicator shows bullish divergence as
the indicator made higher lows though the stock price has made
The stock has lost more than 6 percent in value over the
past month, while the broader index is flat over the
same period, based on Thursday's close.
(Reporting By Patturaja Murugaboopathy; Editing by Gopakumar