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Topglove

TOPGLOVEHaven't seen a Bursa stock in a long time, top gloves share price since the end of 2020 It started to fall after my peak and so far it's down about 90%, The downside is unacceptable, but it is what it is When a bear trend is in progress, no matter who is long or short There is no way to know when the bottom is, only technical analysis can tell When is the opportunity to step in, the minimum risk for maximum profit is what individual investors should do, Rather than spreading costs all the way from the top down, which is operationally inefficient and unnecessary, Swapping money for shares at the same time is better than wasting time and money waiting for a short stock, Two years of waiting for funds to be put to good use and performance to improve not to mention psychological stress. # Observe Key points Top from 29-9 appeared after the phase bottoming out rebound before the wave high pull back not to break the bottom of the low 20/12 form bottom, 6/1 finish bottom structure! Now how do I do that? I look at it, right The key K interval of 27/12 is going to be effectively broken It will still effectively break to the next gain or exit The current structure is not the same as the structure in March 2021 The location of the price structure is vastly different ^^ Automatic translation by web
MYX:TOPGLOVLong
by thefundedfx
Top Glove (Put Your Mask On, Still?)Updated View On Top Glove (12 Jan 2023) Follow our last analysis in 29 Jan 2021? I hope you did, Now, we are seeing a possible start of the healthly Uptrend? using $0.50 as a base. We may see $1 or $1.255 region again. Let's find out. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
MYX:TOPGLOV
by SonicDeejay
2
TOPGLOV : Sign of markup intention from intraday Price & VolumeWe posted a pause of price fall on 17th Nov & waiting for rebound signals shows from big boys transaction data. on 22nd Nov, stock prices are obviously maintained higher price at the 2nd half of the trading session. Although high volumes are created earlier in the morning indicating selling pressure, but the stock price didn't go down further. This shows a good bottom is forming. Based on our view, we expecting a rebound will be coming in the next few trading days.
MYX:TOPGLOVLong
by ROUNDnSURGE89
TOPGLOV Short term view : Beware of retraceA recent price hike in TOPGLOV gives confidence to many long term holder on a rebound. However, for anyone who are looking for average up their position or try to catch the price up might want to hold on to it first. Because the price movement shows signs of big boys getting ready to cash out fraction of their shares. (Same price & volume action we mentioned in our previous post on HARTA.) From the price movement on 14th Nov shows the big boys are attracting buyers with high volume while price have little upside or moving sideways. You can view the image below for the 5mins price movement on 14th & 15th November. (15th November) Today's intraday price movement starting to show sign of big boys selling shares lower to investors who park at the buy queue. This is a sign of a short term retracement is on the way. Based on our view, it is better to stay aside & watch how far the retracement will go. We continue to monitor the timing of the big boys done selling & start a new round of price up later.
MYX:TOPGLOVShort
by ROUNDnSURGE89
Selling pressure is in HARTA *refer to the image link* Today HARTA is trading with high volume at the high price in the morning, while price is not marking higher. This indicates the big boys have no intention to mark the price higher & a price retracement is on the way. High volume price down happens around 11:40 & 12:15 shows the selling pressure is in. We see a few glove makers are having the same price & volume movement. Today shows the first day of high volume sell down within the day. We expect price retrace in the next few days.
MYX:HARTAShort
by ROUNDnSURGE89
Glove’s Index volume info graphic comprised of 4kings. 3/Oct/22This chart shown the average price ( index) of 4 major gloves manufacturers in the world which are Topglove, Hartalega, Kossan and Supermx where they “contribute “ almost half of the world’s gloves market. As said trend is our friends but without “volume” in stock market there is no trend. The “shifting” polarity of bull trend to bear trend all cause by “panic” buying ( climax)/ selling Climax probably due to FOMO ( fear of missing out) in uptrend and “fear of losing” ..due “borrowed money” which cause “margin call” in downtrend..
MYX:TOPGLOV
by SteveTan
Topglove. JP Morgan’s TP May “failed” this time. 1/Oct/22Topglove. JP Morgan’s Projection of RM0.45 probably “failed” this time. As other 3 major player already posing a bullish reversal setup based on Elliott wave and cycle. Just waiting for “confirmation” signal. Topglove price has just broken RM0.605 a “confirmation signal “ +++ Price of weekly Topglove, kossan and monthly Harta has formed a hammer candle/ pin bar bullish pattern possible market “price in” A.S.P ( Average Selling Price) increment lead by Topglove as “catalyst” of the beginning of long term bull trend after long term “correction “ since August/Oct 2020..
MYX:TOPGLOV
by SteveTan
Topglov. JP Morgan Tp of 0.45 May “achievable” 29/Sept/22.Topglove vs Karex ? Apple vs orange? 29/Sept/22.. Topglove as world largest gloves producer . Some “compare” it with world largest condom stock. Karex. As both are the “biggest player” of “rubber”products..One should have the “same fate” of the others. Just 1 question. Does human need “standard SOP/ protocol “ during sex activities.. Or “condom” or “gloves” is a “ must/need” = Can robots now “replace” “hand on” human’s arm in next 20 years?...Gloves or Hi -Tech which is “niche market”? = easy to copy but hard to sustain market ( only sustainable by big player) ? + “Branding”= Does Everyone think about soft drink = Coca Cola , Gloves = Topglov...AND last but least why Coca Cola is “more expensive “ than most “soft drinks”? Why can’t Topglove?
MYX:TOPGLOV
by SteveTan