Jom & Terry

TOPGLOV: TREND REVERSAL + BULLISH SIGNALS FURTHER CONFIRMED?

jomnterry
Publish date: Mon, 14 Sep 2020, 07:19 PM
Jom & Terry share interesting KLSE public listed companies and stock market observation. All posts are for sharing purpose only. There is no buy/sell recommendation.

 

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TOPGLOV

TREND REVERSAL + BULLISH SIGNALS

FURTHER CONFIRMED?

 

BONUS SHARING
 
Check out our fundamental update on 14 Sep (Monday) HERE.
 
Check out our technical update on 11 Sep (last Friday) HERE.
 
 
 
FOOD FOR THOUGHT
 
Nowadays, everyone knows tier-1 glove companies will be making phenomenal earnings in the coming quarters.
 
Knowing fundamental facts is important, but it no longer provides investors and traders an edge.
 
What gives investors and traders an edge, then?
 
STRATEGY AND MINDSET, we believe.
 
 
COULD THIS INSPIRE  STRATEGY?
 
Today, TOPGLOV has sustained their MA100 rebound on last Friday.
 
Trend reversal signal is further confirmed. 
 
It also gapped up and managed to close above its support lines.
 
Bullish signals are further confirmed.
 
 
Note this does not mean that glove stocks will move up for sure.
 
Rather, it means that the likelihood of glove stocks going up is high.
 
Profit-taking and appearance of negative news may take place at any point of time.
 
What are your strategies? How do you manage your risks?
 
 
 
DISCLAIMER
 
We merely share with you what we observe. We post our write-up for free, for sharing purpose. There is no buy/sell recommendation.
 
 
We share stock market insights.
 
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