RHB Retail Research
Technical Analysis - Comfort Gloves
Comfort Gloves
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
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