Frontkn near resistance 3.965multiple series of higher high and lowe high in upwards mode
opportunity to break resistance
FRONTKN trade ideas
FRONTKN VCP SetupFRONTKN VCP with below contraction:
C1: -30%
C2: -11%
C3: -10%
C4: <-5%
Monitor if can a pivot point form at this region or not. Low risk entry zone.
Fundamental wise Net cash company.
Disclaimer:
Not a buy call, just sharing on chart pattern and technical analysis. Trade at your own list.
Is this beginning of long trend?The recent trade showed the price was closed above MA20. Based on the previous 6 months trade, FRONTKEN will tend to do Break Out (BO) from the Bollinger Bands.
R 3.46
S 3.245
FrontknThis stock with momentum is generated using a FIFO B signal with a build-up in trading volume and price.
This is not a buy or sell recommendation. It merely tells you which this stock is seeing higher potential to move uptrend with relatively strong momentum.
The share price may move up or down from this point. Note also that momentum generally only persists for a short period of time.
However, this stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks if they want to ride the momentum.
FRONTKNFrontkn
RSI Bullish divergence and stochastic oversold.
READY to collect . price just nice , discount time. Confirmation candle dah ada. tunggu apa lagi
R1: 2.810
R2 : 2.890
R3: 2.980
R4: 3.070
S1: 2.730
S2: 2.650
S3: 2.570
S4: 2.490
Long term target 4.50 to 5.00.
Frontkn (4HR) - Updated ForecastFrontkn, Wave C of wave 4 primary. This retracement is near completion..My expectation is that price will complete this retracement at 2.71 @ 127% of wave A.
RSI Bullish divergence and stochastic oversold
If price breaks its key resistance at 2.93, it should go up higher to test the other key resistances at 3.12 / 3.34 / 3.80.
Long term target for primary wave 5 is between 4.50 to 5.00.
Frontken Trendline CrossTrendline cross. RSI below 30. Buy at Support pivot prices RM2.80. Target sell prices at RM3.50
Sell-downs but possible forming of VCP and breakout above 5.43?BUY
- above 5.00 as long as it's still above the trendline
SELL
- below 4.90 once it breaks the trendline
- huge selling volume might pose more sell-downs
RATIONALE
- the long upper shadow and 5.43 is a great resistance
- however, the stock is still on uptrend albeit a bumpy one with a possible VCP forming
- another two weeks might be needed for a clear indication of a future direction
**the analysis is solely for my own references and learning
Frontkn - EWTHere is our forecast what the price is likely to do next in few weeks.
Frontkn is now moving in small corrective wave. Get ready for the next impulse wave.
FRONTKN - Pressure AheadFRONTKN
Theme: Tech
Rst: 5.66
Spp: 4.95
With latest candle melted below upper BB and climax buying volume emerged, plus impending MACD second bearish crossover wave, likelihood of further retracement to spell is high.
FRONTKN to continue uptrendJust released positive QR report with free share and warrant.
Last candle daily is bullish engulfing.
Daily stoc rsi still in oversold area.
EP: 5.320
R/TP: 5.720 or hold until Daily stoc rsi overbought
(Just for research & learning)
Buy on FrontknSeem like already break out on pattern on 10 feb 2021. Instant buy on RM4.92 with risk 5%-10%.
#Kotaboys
FRONTKN - Bullish Breakout, AgainFRONTKN
Theme: Tech
Rst: 5.00
Spp: 4.95
Bullish breakout from flag formation, being one of the strongest tech counter, the strength clearly not easy to get dissipate soon. It’s now at another psychological resistance.
