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Elliottwavecorrection

TOPGLOV - Elliott Wave Correction before further rise to ATHEver since TOPGLOV recorded new high at RM29.30, gloves counter has experienced a big selloff which rebounded back and created a lower high. Thus, I believe it has created a wave correction and heading to RM20 before flying to another ALL TIME HIGH. :) As you all can see, AmInvestment Bank has downgraded gloves sector. The negative article in Bloomberg which featured comments of a few early investors/reader also added salt to the injury. KOSSAN has delivered record quarterly profit in 2Q recently, not forgetting SUPERMX record profit are not enough to keep the market rising. Perhaps, share price are fully prices are fully valued at the moment. There are many conflicting views emerging like vaccines. It should all come down to earning and nothing else as TOPGLOV next quarter result will be releasing on 17th September 2020. Would that be the moment that gloves counter back to GREEN?
MYX:TOPGLOV
by Inandouthunter
Great Zcash buy opportunity!ZECUSD formed a beautiful Elliot wave from July 5 - Aug 6. The correction that has followed is fitting nicely into Fibonacci retracement lines and it’s easy to see that we are on the C wave of an ABC correction. This has almost hit the 61.8% retracement ($84.39). I fully expect it to turn the corner there and enter another 5 waves up. As always, wait for confirmation. Note that so many other cryptos are bullish right now, whereas ZEC is doing it’s obligatory post-rally ABC dance. ZEC almost always moves with the rest of the crowd (and, when it doesn’t, it mimics whatever Monero is doing). The overall crypto trend, and Monero itself, are bullish right now ( duh ). Thus, we have every reason to believe that ZEC is at the perfect moment to buy. Once it tags that fib line, it should waste no time joining back up with the rest of the herd in the running of the bulls!
BINANCE:ZECUSDLong
by tarbh