RHB Retail Research

Author: rhboskres   |   Latest post: Fri, 9 Aug 2019, 4:47 PM


Technical Analysis - Frontken Corporation

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Frontken Corporation may move higher after it continued holding above the MYR0.795 support. As the stock rose above the 21-day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR0.835 level, with an exit set below the MYR0.795 threshold. Towards the upside, the near term resistance is at MYR0.915. This is followed by the MYR0.995 level.

Source: RHB Securities Research - 4 Dec 2018

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