Frencken-Broke out of Consolidation
![](https://static.wixstatic.com/media/e976ab_c45f6ff3907e4a6c8bbfc15eea9aeb9f~mv2.png/v1/fill/w_980,h_551,al_c,q_90,usm_0.66_1.00_0.01,enc_avif,quality_auto/e976ab_c45f6ff3907e4a6c8bbfc15eea9aeb9f~mv2.png)
Frencken broke out of 4-5 months of consolidation on t plus 5 (force selling day). A show of strength, likely to have rally similar to Chip eng seng,Lian Beng,Oxley etc which exhibits a similar breakout of consolidation previously
Vested at $0.55 and $0.555
1st Resistance:$0.565
2nd Resistance:$0.595
Stop Loss:$0.535
This is not a BUY or SELL call please DYDD.
![](https://static.wixstatic.com/media/e976ab_a83ee0a506de41369a855f6ddeab1f84~mv2.jpg/v1/fill/w_890,h_929,al_c,q_85,enc_avif,quality_auto/e976ab_a83ee0a506de41369a855f6ddeab1f84~mv2.jpg)
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