RHB Retail Research
Trading Stocks - Comfort Gloves
Comfort Gloves may move higher after it tested the MYR1.00 support recently. Yesterday’s candle sent the stock to its new 52-week high, indicating a positive sign. An upbeat bias may emerge above the MYR1.06 level, with an exit set below the MYR1.00 mark. Towards the upside, the immediate resistance is at the MYR1.15 level, followed by the MYR1.20 threshold.
Source: RHB Securities Research - 21 Apr 2020
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