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AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 7 Aug 2020, 11:44 AM

 

Stocks on Radar - Comfort Gloves (2127)

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Comfort Gloves may soon move higher to test the RM3.15 resistance level. Observe that the 21-day moving average is trending upwards, and coupled with higher trading volume, we see that there’s a possibilty it will break out from the resistance level. If this happens, expect it to move towards the short-term target prices of RM3.35 and RM3.55. The downside support is anticipated at RM2.75, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM3.15

Target: RM3.35, RM3.55 (time frame: 2-4 weeks)

Exit: RM2.75

Source: AmInvest Research - 30 Jun 2020

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Labels: COMFORT

Related Stocks

Chart Stock Name Last Change Volume 
COMFORT 5.62 -0.65 (10.37%) 29,012,800 

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tips888 I AM LAUGHING TO THE BANK NOW. THANKS CALVIN FOR GLOVES PICK LAST THURSDAY
01/07/2020 2:11 PM
Jokers2020 today profit taking n rest for another day up trend.manage to buy at 3.18 today
02/07/2020 6:27 PM


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