RHB Retail Research
Technical Analysis - Frontken Corp
Frontken Corp formed a “Bullish Engulfing” formation in the latest session. This may indicate that its recent retracement (over a few sessions) may have reached an end. A bullish bias may emerge above the MYR0.815 point. Immediate resistance is expected to emerge at MYR0.995, followed by MYR1.10. Traders may exit upon a breach of the MYR0.815 support mark.
Source: RHB Securities Research - 16 Nov 2018
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