RHB Retail Research

Trading Stocks - Top Glove Corp

rhboskres
Publish date: Mon, 01 Apr 2019, 08:45 AM
rhboskres
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RHB Retail Research

Top Glove Corp may rebound further after it tested the MYR4.30 support lately. The latest white candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR4.50 level, with an exit set below the MYR4.30 threshold. Towards the upside, the near-term resistance is at MYR4.86. This is followed by the MYR5.20 level.

Source: RHB Securities Research - 1 Apr 2019

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