Comfort Gloves has rebounded from its low to test the immediate resistance level of RM0.825. With a rising RSI, a bullish bias may be present above this mark with the target prices of RM0.86 and RM0.89. In this case, the immediate support is anticipated at RM0.79 whereby traders may exit on a breach to avoid the risk of a further correction. Trading Call: Buy upon breakout above RM0.825

Target: RM0.86, RM0.89 (time frame: 3-6 weeks) Exit: RM0.79

Source: AmInvest Research - 22 Jan 2020