FrontKen - Shake Out or Pullback in Downtrend?Strength / Weakness in the chart:
1. Price hit resistance with low volume
2. Spring bar at the bottom of the shakeout
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This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
FRONTKN trade ideas
STOCK REVIEW : FRONTKEN CORPORATION BHD (0128)INTRADAY ANALYSIS
Potential buy price above 0.470, on our analysis if they will break the trend line and find the nearest resistance which is R1 (0.510). At this zone (blue), the decision price either to continue bullish break the resistance zone to find another resistance R2 (0.550) or do rejection at this zone. If rejection, you must TP in here.
Analysis from our team, Ghibli & Co. Hedge Fund Capital (Malaysia).
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