Thereafter, this stock fluctuated within a band briefly before the wake of a fresh bout of renewed bargain-hunting buying emerged to drive prices higher. Comfort hit as high as 72 sen during intra-day session but finished flat yesterday absorbing late selling. Based on the daily chart, Comfort remains in consolidation mode apparently, but it was seen making a fresh attempt to recover following the recent weakness. Mirroring the uptrend, the 14-day relative strength index climbed from a reading of 44 on Monday to settle the week at the 72-point level yesterday. In addition, the daily moving average convergence/divergence histogram continued to expand positively against the daily signal line to keep the bullish note.

Source: The Star January 14, 2017 00:12 UTC