Nott Invest

FRONTKN- ready to challenge new high again?

Nott_Invest
Publish date: Sun, 07 Nov 2021, 11:48 PM
Nott Invest Analyses

FRONTKEN

Sector: Technology/Cleaning Specialist

Analysed on 7/11/21

FRONTKN is currently trading at RM3.980, with the immediate support at EMA25. FRONTKN closed with a strong green candle on last Friday with high volume which considered as a strong signal for traders. However, smart investors would prefer to buy when it retraces to support.

FRONTKN is one of our favourite counters as its wide moat business model, its subsidiary is serving for TSMC (biggest chip supplier to Apple) in Taiwan.

If you keen to know more about what’s FRONTKN doing, you may look for our E-book.

Reason to Monitor: Super uptrend with potentially breakout new high.
 

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