BursaWaveTrader

Frontkn (4HR) - Updated Forecast

Long
MYX:FRONTKN   FRONTKEN CORPORATION BHD
Frontkn, 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.

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