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SUPERMX Hourly Chart Analysis on 29 June 2020

MYX:SUPERMX   SUPERMAX CORPORATION BHD
SUPERMX 1 Hour Chart:
6/29/2020
Support : 5.97, 6.75
Resistance : 7.70 , 8.05

It is absolutely a spectacular day for Glove counters today with a big candle cover up most of previous 2 weeks movement. SUPERMX hit and rebound from the previously-mentioned support level of 6.75 to 8.75 with most contribution on 2nd session.

The momentum turned positive on 10am onward and followed with the breakout of both downtrend resistance lines which make the open price of last hour candle(around 7.5) can be set as short-term support for SUPERMX to retest 8.05 within days.

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