Trendline cross. RSI below 30. Buy at Support pivot prices RM2.80. Target sell prices at RM3.50
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...
Here 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 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.
Just 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)
Seem like already break out on pattern on 10 feb 2021. Instant buy on RM4.92 with risk 5%-10%. #Kotaboys
FRONTKN 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.
MARKET STRUCTURE: UPTREND SUPPORT 1--> 476 SUPPORT 2 --> 455
u can see the from this monthly chart - the price piercing thru the pennant and fly. pennant is one of a great chart pattern that one must be interested of. the price will surely ink higher highs...
Frontkn is good company for long term investment. this counter make it new higher & rally all time. For current situation frontkn has hit TP max at FIBO 200%
FRONTKN Rst: 4.95 Spp: 4.70 As highlighted in group, there’s tendency to see further retracement in the view the stock has violated below Fibo Ext 100% with RSI bearish divergence plaguing the momentum now.
FRONTKN just recently make a pullback after bullish for few days. Now bullish pennat was formed, if it breakout the pattern, your target price is 5.540. Please leave a like and comment if it helpful to you. Thank you
follow the support line stop loss at 4.24. sky is the limit. today a lot of people trap in this stock.
If dpt break resistance at 3.80-3.90, insyallah ada potensi utk follow jejak langkah KPower...