Karex as world largest condom producer + main “supplier” for Durex.. Some “compare” it with glove stock. E.g topglove. As both are the “biggest player” of “rubber”products..One should have the “same fate” of the others. Just 1 question. Does human need “standard SOP/ protocol “ during sex activities.. Or “condom” or “gloves” is a “ must/need”?...
Topglove. We’re at the “junction/ intersection “ of 2 median line ( dotted yellow) of 2 major (long term) ascending parallel line ( cyan) + Plus Fibonacci 0.386 lvl which is around RM0.570. Let see whether price could keep above RM0.50 for coming few months. We have 2 “news”. The “Good news” is we might close to complete correction of expanding flat (A)(B)(C). ...
Topglove. Are you interested to know how to catch a “falling knife” with gloves? Or Topglove more specifically?..Let do some “microsurgery” first with “Topglove” “zooming” into this “ Zone C yellow” to see where it’s centre of cancer location and before cutting its “cancer tumors” with while you might be “hurt” “many times” by catching “falling knife / downtrend...
Topglove “Conservative” traders may wait price to break RM1.140 which is CHoCH level ( subwave wave B (yellow) of last impulsive wave 5 ( Cyan Circled) to “ confirm the “long term” downtrend is “game over “ and waiting to buy at “pullback “ after the “ break out.”
Topglove previous major demand / base / stop was created on 5 Sept 2017 monthly bar as shown on chart.
Pure speculation for fun. Don't make important decisions based on this. Gloves tend to lead KLCI recovery after a crash. SPX mid-term seasonality likely sideways at best before Q4 or with a bottom in September before rising towards mid-term elections in November. If KLCI were to "crash" and follow this pattern, it will start in August and bottom in...
Topglov’s medium cycle 7 ( Purple) will be due anytime soon (as it was always between green/red vertical line ) and move up to cycle 8 ( purple) which is due by year end of 2022.
Topglove. Probably in “Phase C” of “ Wyckoff’s Accumulation Stage” moving down to Spring.( @ around RM0.90). With 3 Drives chart pattern.
Topglove (again). Today I gonna “bullsxxxing” a “myth” about ying ( seller force ) , Yang ( buyer force ) AND neutral force ( median line of parallel channel) again “represented” with parallel channel. P/s Since tradingview “free user” don’t have enough data feed. I have to “superimposed image” by using 3rd party apps to have more “history data” for “whole view”...
Topglove as the chart. Its long term cycle 13 (Green) is due slightly after green vertical line = it will be “bottomed” anytime now or by early 2023. Cycle 14 high ( Green) is @ the “middle” of vertical green and red line = Topglove will have “uptrend” until 2024/2025 min after it completed Cycle 13 ( Green) low.
Topglove chart again!? It must be very “boring” as I “re-access ” my ideas again and again on Topglove chart..BUT since I personally invested on it I never treat my hard earned money lightly..
Topglove. After re-checking Topglove z-factor ( the speed of its chart). . Topglove having “probability” to break its ATH within 3-5 years time.
Topglove breaking “new low” again, the next “battle “ would be @ around Rm0.77 which is volume Profile POC and yearly demand Zone..
Disclaimer : All past, current, future analysis are purely for “entertainment, research, studies” purpose only..TOPGLOVE. after “reviewing “ its price’s structure the initial expanding abc ( yellow) waves pattern idea which might “finished “ its “bearish correction “ most likely won’t happen. The current downward price movement from all time high look more like an...
Gosh! Topglove have hit 3 times stop lost from previous 3 ideas.. I just “found” but “not expected”. 4 valid “points” (as remark 1p to 4p in chart)..to keep my long positions.. Maybe..maybe Rm1.35 (again ) will be “bottom “ for many few years ahead..
Topglov price have reached Rm1.48 a “ border” of “ 4 = Death ( in Chinese ) or 8 = Glory ( in Chinese )..A possible 3 “touch & go “ or 3 drive pattern or wedge pattern’s lower trend line.
Market Irrationality?! Topglove a cash rich / YOY earning profit stocks Price have broken Rm1.65 previous low! From Rm8.48.. that more than -80%!!! What next?! Look like the next level to build “a base” would be around Rm1.38...So.. what a role could be played be a traders now to based on “supply and demand” “helping” Topglove to have a “fair price”??? People make...
Topglove’s price might have “pullback” toward wave 2 (yellow) @ around Rm1.820 which is 1) Fibo 0.618 retracement level 2) Volume Profile P.O.C ( point of control ) level Red thick horizontal line before.. A “strong” upticks..