RHB Retail Research
Technical Analysis - Comfort Gloves
Comfort Gloves
Comfort Gloves may rise higher after recording a higher close vis-a-vis the previous sessions since 31 Jul. Yesterday’s candle can be viewed as a continuation of the bulls extending the upward momentum from 2 Aug’s upside gap. A bullish bias may appear above the MYR0.95 level, with an exit set below the MYR0.86 mark. To the upside, the near-term resistance is at MYR1.03. This is followed by the MYR1.13 level.
Source: RHB Securities Research - 7 Aug 2018
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