RHB Retail Research
Trading Stocks - Frontken Corporation
Frontken formed a long white candle, indicating that the momentum of buying could be strong. Last Friday’s close has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR1.82 level, with an exit set below the MYR1.69 threshold. Towards the upside, the immediate resistance is at the MYR2.00 level. This is followed by the MYR2.10 threshold.
Source: RHB Securities Research - 21 Oct 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....
