Tuesday 16 Jul 2024
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KUALA LUMPUR (Aug 7): RHB Retail Research said Comfort Gloves Bhd may rise higher after recording a higher close vis-a-vis the previous sessions since July 31.

In a trading stocks note today, the research house said yesterday’s candle can be viewed as a continuation of the bulls extending the upward momentum from Aug 2’s upside gap.

“A bullish bias may appear above the 95 sen level, with an exit set below the 86 sen mark.

“To the upside, the near-term resistance is at MYR1.03. This is followed by the MYR1.13 level,” it said.

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