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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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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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