RHB Retail Research
Technical Analysis - Frontken Corporation
Frontken may move higher after it continued holding above the MYR0.835 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 MYR0.835 threshold. Towards the upside, the near-term resistance is at MYR0.96. This is followed by the MYR1.00 level.
Source: RHB Securities Research - 25 Sept 2018
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