Frontken Corporation is resuming its uptrend after it attempted to move past the sideways consolidation phase of MYR3.82 yesterday. If it manages to surpass that level, buying interest may follow through towards the MYR4.00 resistance level, before printing a new high of MYR4.20. If it falls below the MYR3.66 support level, the momentum may dissipate.
Source: RHB Securities Research - 29 Oct 2021
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Created by rhboskres | Aug 26, 2024