Inandouthunter

TOPGLOV - Invert Scale for HODLers/TANKers

MYX:TOPGLOV   TOP GLOVE CORPORATION BHD
Rubber glove stocks seem to be heading downhill currently, falling to the lowest points since the reverse of the strong upward trend in October.

Despite the slump in these glove stocks, I believe Top Glove offer some of the highest sustainable dividend yields in the world - the glove sector was an attractive sector for many years prior to the pandemic, and it will likely be even more attractive in the post-pandemic era.

I understand you think it is more to bear than bull at the moment. Trader you may cut loss.
For hodlers/tankers, we think it is very very undervalued and oversold. Investor stay strong and keep tanking. :)

At the end of the day, you THINK what you THINK.

Here's the chart for HODLers/TANKers, the rising wedge, PEACE!




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.