RHB Retail Research
Technical Analysis - Comfort Gloves
Comfort Gloves may move higher after it continued holding above the MYR0.98 support. Yesterday’s candle sent the stock to its 5-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR1.06 level, with an exit set below the MYR0.98 threshold. Towards the upside, the near-term resistance is at MYR1.16. This is followed by the MYR1.22 level.
Source: RHB Securities Research - 5 Sept 2018
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