RHB Retail Research
Trading Stocks - Top Glove Corporation
Top Glove Corporation may rebound further after it tested the MYR4.45 support in recent session. As the stock rose above the 21-day SMA line, this indicates a positive sign. A positive bias may emerge above the MYR4.55 level, with an exit set below the MYR4.45 threshold. Towards the upside, the immediate resistance is at the MYR4.70 level. This is followed by the MYR4.84 level.
Source: RHB Securities Research - 23 Aug 2019
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