Rakuten Trade Research Reports
Technical View - Frontken Corp Berhad
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Publish date: Thu, 15 Sep 2022, 09:56 AM
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Email: customerservice@rakutentrade.my
Frontken Corp Berhad (FRONTKN, 0128)
• Share price closed 0.70% lower at RM2.85 on Wednesday.
• FRONTKN is pending a flag formation breakout and is trading above all key moving average lines. Coupled with a bullish MACD crossover and indicators showing uptick, share price is expected to move higher.
• Resistance levels are identified at RM2.91 (R1) and RM2.97 (R2).
• On the flipside, support levels are pegged at RM2.65 (S1) and RM2.61 (S2).
Source: Rakuten Research - 15 Sept 2022
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I own a lot of Frontken Corp Berhad stocks. Hope it will grow soon.
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2022-09-20 16:38