Tuesday, July 4, 2017

Technical Analysis July 2017: FRONTKN (0128)


Observation from Chart:-

FRONTKN (0128) forming higher high & higher low

How high will it go?

Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

No immediate resistance.

Immediate support @ RM0.32 level.
Subsequent support @ RM0.295 level.

Based on last few round, breakout resistance with huge volume, FRONTKN will consolidate sideway retest the support before go higher high.

Let's watch closely.

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