Oceancash Pacific

Oceancash Pacific may rise higher after it formed a long white candle and breached above the MYR0.60 threshold. As the 21-day SMA line has crossed above the 55-day SMA line lately, this is an indication of a positive sign. A bullish bias may emerge above the MYR0.61 level, with an exit set below the MYR0.535 threshold. To the upside, the immediate resistance is at MYR0.685. This is followed by the MYR0.75 level.Comfort Gloves formed a long white candle, indicating that the momentum of buying could be strong. This close has sent the stock to its highest close in nearly two months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR0.86 level, with an exit set below the MYR0.805 level. To the upside, the immediate resistance is at MYR0.975. This is followed by the MYR1.04 level

Source: RHB Securities Research - 6 Jun 2018