KUALA LUMPUR (June 24): RHB Retail Research said Comfort Gloves Bhd may rebound further after it tested 78.5 sen support recently.

In a trading stocks note today, the research house said the stock formed a white candle and left an upside gap, this indicates a positive sign.

“A bullish bias may appear above the 80 sen level, with an exit set below the 78.5 sen threshold.

“Towards the upside, the near-term resistance is at 84 sen. This is followed by the 87 sen level,” it said.