Comfort Gloves rebounded from its low may may soon test the RM0.90 level. With the RSI rising higher, the monetum could break above the resistance and travel towards the short-term target prices of RM1.00 and RM1.06. In this case, the downside support is anticipated at RM0.81, whereby traders may exit on a breach to avoid the risk of a further correction Trading Call: Buy on breakout RM0.90
Target: RM1.00, RM1.06 (time frame: 3-6 weeks) Exit: RM0.81
Source: AmInvest Research - 6 Mar 2020
Chart | Stock Name | Last | Change | Volume |
---|
Created by AmInvest | Nov 25, 2024