COMFORT gained 4.0sen (+5.26%) to close at RM0.800 yesterday.
Chart-wise, the stock has broken above all the key SMAs yesterday, coupled with higher-than-average trading volume.
Besides, the formation of a bullish crossover from MACD indicator further supports the trend reversal, hence we believe the stock could move higher going forward.
Should the stock continue to head north, its key resistance levels are seen at RM0.840 (R1) and RM0.880 (R2).
Conversely, key support levels can be seen at RM0.750 (S1) and RM0.700 (S2).
WASEONG (Not Rated)
WASEONG gained 7.0sen (+6.19%) to end at RM1.20 yesterday.
Chart-wise, the stock has broken above the 20-day SMA yesterday on the back of higher-than-average trading volume.
Besides, a bullish signal from its MACD indicator further supports the uptrend.
From here on, its key resistance levels can be found at RM1.47 (R1) and RM1.58 (R2).
Conversely, downside supports can be identified at RM1.03 (S1) and RM0.950 (S2).
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