Frontline Ltd. ( $FRO ) is one of the super and best stock to buy and offering buying price between $8.43 – $8.85, as of May 16, 2019. Let’s look at the stocks technical actions using a weekly chart.
2. The stock had a washout week back in November 2018 when it didn’t make much progress in heavier volume action.
3. Then stock went into correction and lost the 50 day moving average support, as well.
4. The stock bounced back in early 2019 and even gapped up on heavier volume.
5. The stock also found support at the 50 DMA line, as well.
6. The stock is offering a buying point between $8.43 – $8.85, now.
