RHB Retail Research

Technical Analysis - Comfort Gloves

rhboskres
Publish date: Wed, 05 Dec 2018, 05:16 PM
rhboskres
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RHB Retail Research

Comfort Gloves was testing the MYR1.00 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.05, followed by MYR1.10. The stock may consolidate further if it cannot breach above the MYR1.00 mark decisively in the coming sessions. Support may be found at MYR0.92, where traders can exit upon a breach to limit the downside risk.

Source: RHB Securities Research - 5 Dec 2018

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