Frontken may rise higher after it breached above the MYR0.80 threshold. As the 21-day SMA line is likely to turn higher, it would appear that the bullish sentiment has been enhanced. A bullish bias may appear above the MYR0.80 level, with an exit set below the MYR0.75 threshold. Towards the upside, the near-term resistance is at MYR0.885. This is followed by the MYR0.94 level.

Source: RHB Securities Research - 31 Jan 2019