Topglove Last HopeWish the stock price will rebound @ Support at 2.90, last hope. The world Number 1 glove manufacturer, Topglove gogogo!by YewJoe1
TOPGLOV may completed its wedge pattern. 16/9/21Big Funds Could Sell on "Rumors" , Buy On Coming 17 Sept 2021 TOPGLOV's earning "News".. by SteveTan4
TOPGLOV - Follow up, further downside expectedFollowing up from my Nov 22, 2020 post, prices have trended significantly lower from then RM7.29 to close at RM3.72 today. While prices seem to be temporary supported at the RM3.68 area, it is good to note that if this area gets broken on the downside, steep slide will be expected. Good luck. Next area of support RM2.30. Shortby RichkierichUpdated 112
Possible plunge to RM1.70?Price will rally further if unable to withstand selling pressure at 3.1 Next target point will be approximately at 1.80. That will be a good buy if price drop to 1.60-1.85 Yield range will be approx 10% P/S: this is not a buy sell call by FibonacciLanpaji1
TOPGLOV May Drop to 2.50. BUT 5.80 First. 14/9/21TOPGLOV Stock price may drop until around RM2.50 where there is a confluence zone of 1) Major Monthly Demand Zone 2) A Long Term Up Trend Line Support ( Cyan/Light Blue Dashed Line) ..BUT... Price most likely will complete wave A (Red Circled) at around RM3.20 AND start trending up for wave B (Red Circled) till around RM5.80 where is confluence zone of 1) Next Major Supply Zone 2) Fibonacci 38.2% downtrend pullback from history highby SteveTan4
TOPGLOV: Decline to $3.50Repeating pattern - Rising wedge (bearish) - Breakdown from wedge = sharp fall - Technical rebound (yellow box) - Sharp fall continues/intensifiesShortby fightingdragonsUpdated 332
TOPGLOV most likely last leg down to around 3.40.. 30/8/21Congratulation for those still holding TOPGLOV stock!!... TOPGLOV as 1 of the 30 "Blue Chips" stocks comprising KLCI index which has turned into Bullish Sentiment. What could be the next move of TOPGLOV , HARTA AND KOSSAN ?...All 3's which making the "major contribution" to KLCI index.. Checking from TOPGOV's intraday price structure.. TOPGLOV most likely on its final leg down to complete its triple zig zag ( WXYXZ) (red circled) AND Wedge pattern where Bullish sentiment will be "on" at around RM3.400 at 1) Major Weekly Demand Zone 2)Weekly 233 EMA lines..by SteveTan994
TOPGLOVE : potential double bottom reversal.RSI forming a bullish divergence and ADX facing upwards today candle must closed HARAMI. im expecting a double bottom reversal , to be confirm price must break neck-line(resistance 4.220). am watching for trading opportunity.Longby Ahmad1011
Will next Quarter Dividend be higher or lower than last quarter?31st August we will know if Top Glove can match 16 sen dividend given this quarter or the record 23 sen the quarter before that Longby forexsarawak2
TOPGLOV ≈ " RM4.90 / Early August are the "critical" Price/Time"Top Glove may find its next resistance zone at around RM4.90 in early August ( Maybe just "Before" US Next Stimulus Plan or "After" US None Farm Payroll Announcement"...by SteveTanUpdated 2
Good price to enter with high profitability.Projected with fibo extension/retracementLongby albertchong1
TOPGLOV can we can grab the "Auction Price" of Rm3.50 "easily"?!Whoever read "Fundamental News" knew That JP Morgan "Fair Price" for TopGlove is Rm 3.50.. Do we think that Mr. Market would help us making our bank account fatter easily by grabbing Rm3.50?! Probably Nope! It will "torture" us, testing the limits of our patience!!! Until we lost "our own belief"!by SteveTanUpdated 4
TOPGLOV may found support at ≈3.90. 4 July 21TOPGLOV Price may found its support at around RM3.90 where there will be a lower trend line support of the wedge pattern. Probably the end of wave (A) ( Cyan/ Light Blue )..The Next Major Resistance/ Supply Zone will be around RM 5.00 .by SteveTanUpdated 3
TOPGLOV short term outlook. 1/July/21Top Glove Price may already reached wave (A) (Cyan/Light Blue). Probably its price range much shorter than wave (C)(Cyan/light blue)..Price may resuming its uptrend on Early / Mid July at around RM3.80 after forming wedge patternby SteveTan6
TOPGLOV's Swing Trading Setup. Updated 25/6/21TOPGLOV wave (A)(Cyan/light blue) maybe completed. Wave (B)(Cyan/light Blue) min upward price amount should be = wave 2 (yellow) = Rm0.490 = Target @ RM4.80. S.L @ RM4.310Longby SteveTanUpdated 4
TOPGLOV Might have a pullback toward ≈ 5.10. 24/6/21TOPGLOV might have a pull back toward around RM5.10 where there is a confluence "zone" of 1) Down Trend Line 2)200 EMA line of 4 hours 2) Next Supply Zone.. Before... Resuming its downtrend toward around Rm3.50by SteveTan5
TOPGLOV wedge pattern probably not done yet. 20/6/21TOPGLOV price might be forming a wedge pattern which is probably at its last phase of completion also developing as a triple zig zag wave pattern W,X,Y,X,Z( Red Circled ).. the Z wave probably will be reaching at around RM3.50 ( As what JP Morgan Predicted )..which is 1) the lower trend line of the wedge pattern and also 2) the weekly 200 EMA Support line 3)The Next Major Support/Demand Zone by SteveTanUpdated 5
TOPGLOV Scenario 2. Updated 14 June 21If RM 4.45 support broken. The Next Major Support/ demand Zone could be around RM3.50 which is also the weekly 200EMA line..by SteveTan3
TOPGLOV Wyckoff Analysis. 9 June 21TOPGlove price have reached its right shoulder at around RM4.75 , and testing Quasimodo level + demand zoneby SteveTanUpdated 664
Topglov 6/6/2021 by NTCTopglov 6/6/2021 For Gloves , we will share the Net Cash on Hand / Market Cap to members . No point to look at charts, since it is downtrending. SPT 4.400 As of 6/6/2021 Net Cash : 4.06 B Market Cap : 40.212 B Cash : 10%by NewbieTradingChannel0