RHB Retail Research
Technical Analysis - Comfort Gloves
Comfort Gloves
Comfort Gloves may move higher after it continued holding above the MYR0.945 support. As the stock has formed a long white candle above the rising 21-day SMA line, the bullish sentiment has been enhanced. A bullish bias may appear above the MYR1.01 level, with an exit set below the MYR0.945 threshold. Towards the upside, the near-term resistance is at MYR1.13. This is followed by the MYR1.18 level.
Source: RHB Securities Research - 29 Aug 2018
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