RHB Investment Research Reports
Trading Stocks - Comfort Gloves
rhbinvest
Publish date: Fri, 17 Nov 2023, 10:13 AM
rhbinvest
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
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All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Comfort Gloves experienced strong bullish momentum, testing the immediate resistance on high volume. The stock charted a gap-up and closed with a bullish candlestick, as it attempted to cross above the MYR0.385 resistance. If a bullish breakout happens, the stock may scale towards MYR0.41, followed by MYR0.43. On the flip side, breaching below the MYR0.355 support will open the door to a bearish phase.
Source: RHB Securities Research - 17 Nov 2023
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