FGD: Volatility contracting for past 2 years - time for breakout
Volatility contracting for 2 years
Some backstory:
- US CBP ban FGV late 2020 for labor issues (as well as SIMEPLT, TOP GLOV, SUPERMX, YTY)
- Today Feb 2022, CBP held a unusual press conference with Malaysian reporters hailing positive impact of the bans and basically provide a positive spin: malaymail.com/news/malaysia/2022/02/10/us-authorities-hail-positive-impact-of-import-ban-say-it-made-malaysian-man/2040824
Some backstory:
- US CBP ban FGV late 2020 for labor issues (as well as SIMEPLT, TOP GLOV, SUPERMX, YTY)
- Today Feb 2022, CBP held a unusual press conference with Malaysian reporters hailing positive impact of the bans and basically provide a positive spin: malaymail.com/news/malaysia/2022/02/10/us-authorities-hail-positive-impact-of-import-ban-say-it-made-malaysian-man/2040824
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