RHB Retail Research
Trading Stocks - Frontken Corporation
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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