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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 3 Jul 2020, 9:33 AM

 

Stocks on Radar - Comfort Gloves (2127)

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Comfort Gloves may soon move higher to test the RM3.15 resistance level. Observe that the 21-day moving average is trending upwards, and coupled with higher trading volume, we see that there’s a possibilty it will break out from the resistance level. If this happens, expect it to move towards the short-term target prices of RM3.35 and RM3.55. The downside support is anticipated at RM2.75, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM3.15

Target: RM3.35, RM3.55 (time frame: 2-4 weeks)

Exit: RM2.75

Source: AmInvest Research - 30 Jun 2020

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Labels: COMFORT

Related Stocks

Chart Stock Name Last Change Volume 
COMFORT 3.39 +0.17 (5.28%) 71,838,900 

  Be the first to like this.
 
tips888 I AM LAUGHING TO THE BANK NOW. THANKS CALVIN FOR GLOVES PICK LAST THURSDAY
01/07/2020 2:11 PM
Yu_and_Mee I have told you all. At lower atmosphere, small planes are good. But at higher atmosphere, only big planes can fly higher and fly longer because of bigger fuel tank.
But when is high atmosphere? you have to decide by yourself.
02/07/2020 6:19 PM
Jokers2020 today profit taking n rest for another day up trend.manage to buy at 3.18 today
02/07/2020 6:27 PM


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