RHB Retail Research
Trading Stocks- Top Glove Corporation
Top Glove formed a white candle and marginally regained above the rising 21-day SMA line yesterday. A northward breach of the MYR15.80 resistance could signal the resumption of the stock’s uptrend. Resistance levels are at MYR16.40, followed by MYR17.20. A stop-loss can be set below MYR15.40.
Source: RHB Securities Research - 30 Jun 2020
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