Monday, October 23, 2017

Technical Analysis Oct 2017: COMFORT (2127)


COMFORT GLOVES BERHAD 

Observation from Chart:

COMFORT succeed breakout RM1.00 psychology level.

How high will it go?

Other indicator:
MACD trade @ positive region, uptrend itinerary
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM1.10 level.
Subsequent resistance @ RM1.13 level.

Immediate support @ RM1.00 level.
Subsequent support @ RM0.905 level.

Let's watch closely.

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