RHB Retail Research
Trading Stocks - Frontken Corporation
Frontken may rebound higher after forming a bullish "Piercing Line" pattern in its latest trade. With the 55-day SMA line pointing upwards, this implies a positive outlook. A bullish bias may appear above the MYR1.50 level, with an exit set below the MYR1.43 threshold. Towards the upside, the near-term resistance is at MYR1.62. This is followed by the MYR1.71 level.
Source: RHB Securities Research - 7 Aug 2019
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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....
