TOPGLOV - Follow up, further downside expected
Updated
Following up from my Nov 22, 2020 post, prices have trended significantly lower from then RM7.29 to close at RM3.72 today.
While prices seem to be temporary supported at the RM3.68 area, it is good to note that if this area gets broken on the downside, steep slide will be expected.
Good luck. Next area of support RM2.30.
While prices seem to be temporary supported at the RM3.68 area, it is good to note that if this area gets broken on the downside, steep slide will be expected.
Good luck. Next area of support RM2.30.
Note
The date is 15 Sep 21 today, and this ticker is trading at RM3.13 as at 11:50AM. As of now, prices look to be going according to my prediction and expected to fall further to the RM1.80 - RM2.00 region. I made a mistake in calculating the target of RM2.30 earlier. Revised target would be 1.80-RM2.00 region. Good luck.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.