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Author: Deep   |   Latest post: Fri, 9 Oct 2020, 11:57 PM

 

TOPGLOV (7113) - Time to rebound ?

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  • TOPGLOV is trading near its support of 7.13. It is important to monitor the price volume action near this 7.13 level to determine whether this support level will hold.
  • Today, it did rebound near this support, a lot of big funds are coming in to support.
  • RSI is showing an oversold condition which may indicate that a rebound to the resistance of 9.76 may takes place.
  • No one can know whether this is the bottom or still will drop further. However, based on chart, it need to rebound at this point to continue its uptrend mode. The rebound should happen soon.

 

 


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