KUALA LUMPUR (Jan 8):  RHB Retail Research said Frontken Corp Bhd may climb higher after posting a white candle and leaving an upside gap yesterday.

In a trading stocks note today, the research house said this can be viewed as a continuation of the bulls extending the rebound from Jan 4’s “Hammer” pattern.

“A bullish bias may emerge above the 71 sen level, with an exit set below the 66.5 sen threshold.

“Towards the upside, the immediate resistance is at 80 sen. This is followed by the 85 sen level,” it said.