RHB Investment Research Reports

Trading Stocks - Top Glove Corp

rhbinvest
Publish date: Wed, 20 Nov 2024, 02:21 PM
rhbinvest
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Top Glove Corp is poised to continue the upside movement after climbing above the breakout point. The stock has printed a white candlestick and closed above the MYR1.10 resistance, showing a bullish setup is now in play. After the breakout, the counter should travel towards the next resistance at MYR1.18, followed by the MYR1.24 level. On the downside, a fall belowthe MYR1.05 support negates the bullish setup and kickstarts the correction

Source: RHB Securities Research - 20 Nov 2024

TOPGLOV (7113)
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