RHB Retail Research
Trading Stocks - Frontken Corp
Frontken Corp may move higher after it continued holding above the MYR1.52 support. Given that it has formed a positive candle for a second consecutive day, the positive sentiment has been enhanced. A positive bias may emerge above the MYR1.64 level, with an exit set below the MYR1.52 threshold. Towards the upside, the immediate resistance is at the MYR1.75 level. This is followed by the MYR1.80 mark.
Source: RHB Securities Research - 12 Sept 2019
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