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Xiaoqing88 Blog

Author: xiaoqing88   |   Latest post: Wed, 12 Aug 2020, 9:25 AM

 

Topglove - How should you react?

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Refer to the above chart, RM 5 support has been tested three times in the past. 

Blue box in the chart indicates the date EPF acquisitions. Did they buying these few days? My answer is YES. EPF is the smarter fund compared to other, they would not buy at High Price and then sell at Lower price like Lembaga Tabung Haji. 

Fews days later we will know who is buying and selling. But did you able to catch after all??

 

First, what is the reason of sharp drop of Topglove? 

 

Rumuor 1: MYR Strengthen.

My Opinion: How much MYR grow versus USD??? From 4.30 drop to 4.12 is strong?? 

 

Rumuor 2: Fund goes to small cap, selling index stocks 

My Opinion: Total of RM 200 millions has been traded these two days, if say fund is throwing, then who is buying? Dont tell me you're first time trading shares.

 

Based on today volume and shares traded, I see this as a great opportunity.

And If you all has read my previous post, you will know how i catch call warrant on sharp drop on Index Stocks.

https://klse.i3investor.com/blogs/xiaoqing88/187489.jsp

 

You can see that the volume of CW is also getting bigger and the buy rate is very high.

If you still dont understand my post, I am sorry. That is how syndicate works.

Thanks.

 

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Labels: TOPGLOV

Related Stocks

Chart Stock Name Last Change Volume 
TOPGLOV 8.57 -0.21 (2.39%) 26,125,600 

  2 people like this.
 
VenFx I'll wish it fall to 4.30
08/01/2019 10:41 PM
RainT please fall below 5 tomorrow
08/01/2019 10:49 PM
apolloang tomoro maybe rebound a bit before break 5.00?
09/01/2019 1:36 AM
huatahhuat Downtrend started. winter time for gloves
09/01/2019 7:39 AM
apolloang Posted by apolloang > Jan 9, 2019 01:36 AM | Report Abuse X

tomoro maybe rebound a bit before break 5.00?

Apollo no take people to Holland,will tell u all with open heart
09/01/2019 4:07 PM
likewise Apolloang, will dip more tomorrow? I am aiming also.
09/01/2019 4:51 PM
Lanesra haha simple yet informative , good article. Well played chartist
09/01/2019 5:10 PM
speakup please drop until delisted.
10/01/2019 2:49 PM
newbie8080 Next stop at 4.50
10/01/2019 4:04 PM


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