RHB Retail Research
Trading Stocks - Comfort Gloves
Comfort Gloves may rebound further after it tested the MYR0.835 support in recent sessions. As it formed a long white candle above the rising 21-day SMA line, this has enhanced the bullish sentiment. A positive bias may emerge above the MYR0.875 level, with an exit set below the MYR0.835 threshold. Towards the upside, the immediate resistance is at the MYR0.95 mark, followed by the MYR1.02 level.
Source: RHB Securities Research - 11 Feb 2020
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