Top Glove Corp Bhd is set to sustain its upward movement after breaking past the RM1.10 resistance level, according to RHB Investment Bank Bhd (RHB Research).
The stock closed with a white candlestick, signalling a bullish trend. Following this breakout, the stock is expected to climb towards the next resistance levels at RM1.18 and RM1.24. However, RHB Research noted that any decline below the RM1.05 support level would negate the bullish setup and potentially…
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