RHB Retail Research

Trading Stocks - Frontken Corporation

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Publish date: Wed, 16 Jun 2021, 05:59 PM
rhboskres
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RHB Retail Research

Frontken Corporation is staging a technical rebound after breaching the immediate resistance marked at MYR2.99 on high volume. If it manages to sustain above the resistance turned-support, the positive momentum may lift the stock towards next resistance at MYR3.20, followed by MYR3.60. Meanwhile, falling below the MYR2.84 support level, may see the stock head south.

Source: RHB Securities Research - 16 Jun 2021

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