Frontken Corporation may move higher after it continued holding above the MYR0.915 support. Yesterday’s white candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A positive bias may appear above the MYR0.915 level, with an exit set below the MYR0.915 threshold. Towards the upside, the near-term resistance is at MYR1.00. This is followed by the MYR1.10 level.
Source: RHB Securities Research - 6 Mar 2019
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Created by rhboskres | Aug 26, 2024