Topglove. selling land only turn profit? 20/June/24Topglov, Hello are you sure it only return to "profitable" just by selling land?!, But Chart doesn't show this way leh..Longby SteveTan0
TOPGLOVEgood for longterm improving investor sentiment from “favourable” operating dynamics. scheduled to release its results on June 19. Both volume and average selling price (ASP) are expected to recover So far this year, Top Glove’ shares have risen over 30% on Bursa Malaysia amid investors optimism for a turnaround in the industry company is betting on revenue jumping over 20% in 3QFY2024, after it observed increasing sales for March and April as well as an upward adjustment of the ASP of gloves. Nitrile gloves' average ASP per 1,000 pieces stood at US$17, while that of natural rubber gloves’ average ASP stood at US$18 per 1,000 pieces during 2QFY2024.Longby drasyrafz0
Topglove. Why its up moves momentum will continue? 24/May/24Topglov have broken major resistance with daily bar ( ONLY the higher time frame e.g daily, weekly chart where big player have holding / longer power ) closed above 1.25 with "Momentum" Breakout Bar (check chart detail).by SteveTan2
TOPGLOVE- In a good QR performance for glove sector - Forming a bullish pennant chart pattern - Expected to have one more time rally - TP as projectionby atiqmustafa951
US-China Tariff : TOPGLOV Breakout president Joe Biden raises the tariffs on Chinese rubber medical and surgical gloves from 7.5% to 25% in 2026, among others. With the tariff hike, Chinese gloves will be more expensive in about two years compared to now. -------------- breakout 52-WH breakout 1 year overehad resistance breakout 10 Weeks EMA massive breakout volume ------------ price needs to sustain on/above today's VP POC. cut loss / take profit if break below VP POCby qidran3
Topglove TP @ 4.80! 8/May/24Topglove just broke 233 EMA again, it has been ping-poing @ Daily @ 233 EMA (white MA line) for long enough to build "base/acculmatulation " in wave 2 (yellow) Time To fly!Longby SteveTan2
TOPGLOVSeveral indicators within my algorithmic system are signaling a potential uptrend. These include: - Increased volume: Activity is picking up, suggesting growing interest and potential momentum. - Mid- to long-term uptrend: Both the 50-day and 150-day exponential moving averages are pointing upward, indicating a sustained positive trajectory. These factors collectively point towards the possibility of an upward movement in the near future.Longby FakhruddinFazilUpdated 1
Topglove• Improvement in positive EBITDA and positive cash inflow from operations maintained Longby FakhruddinFazilUpdated 2
TOPGLOVTrading parameters: Entry Point (EP) at 0.920, Target Price (TP) at 1.025, and Stop Loss (SL) at 0.845. Longby mnurdin2
Topglov can rebound ?Nearby to Parallel Channel's area. Possible for it to rebound @ 930 area? >> Stochastic is OS. >> Awaiting for trend reversal. >> Wait Hull MA to turn green Disclaimer : Please be informed that all stocks pick are solely for education and discussion purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.by DSELE991
Topglov new quarter result was worse than last quarter? 1/Nov/23Topglove''s latest "quarterly" report "disappointed" again. Not just "investors", "traders" are "hardworking" individual as well who do check their positions not just "quarterly" but everyday beside reading on each stock's Intrinsic value, ROE, P/E, Forward Free Cash Flow, Profit Margin etc "quarterly" OR reading "market news" "once a while"...by SteveTan2
Topglov, slowly forming the cup?Weekly chart looking for base. Still trade below Hull MA. Monitor it for potential forming balance cup's body. It may take up to weeks / months. Potential gain over 50% for this big swing up. Base on daily chart, it may pullback. Look for potential entry position. See profit take profit, and always protect capital. When a stock / index has gone up substantially, we must be more care if we decide to get involve in it... monitor closely and be agile.... we cannot PREDICT what definitely will happen ~ we can only RESPONSE to what we see! Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.by DSELE991
TOPGLOV (Potential Low Risk Opportunity)- Complete 5 impulsive waves for a long downtrend. - Finally having some significant rebound with Volume Profile accumulated around the bottom. - Currently probably on-going some retracement. - Waiting for the MA50 and MA20 to be nicely set up. - Having green bar upon a bad trading day seems like selling pressure is going off. - Good point for accumulation with tight stoploss around the pivot low. Disclaimer: For discussion and sharing purpose only. NOT buy or sell recommendation. Trade at your own risk. #TAYORLongby MY_Bursa_JournalUpdated 7
break down from the triangledon't participate in this counter anymore. it need time to find the bottom. rebound is time for short.Shortby iampatrickcheong1
A Positive Trend Pattern!The candlestick indicates a stronger rebound after the share price bounced back before reaching to S2 line. The result from continuous price rebound can be seen in accumulated volumes where it exceeded the MA20 line. The MACD and RSI show a positive signal, supporting the price uptrend pattern. Let's put TOPGLOV in WL and watch out for action in price closed above the upper limit of the channel with the result in volumes. R 0.945 S 0.720, 0685 Longby eskopitehmilo1
Topglove most likely "bottomed in". 2/Sept/23Topglove stock price breaking 0.850, which is subwave ii (cyan), so most likely "bottomed in"..by SteveTan2
Topglove! Good News! Finally reached 0.725! 1/Sept/23By "breaching" 0.80 again and reached 0.725 as last post on 20/May/23. Market Maker finally "creating panic selling!". But checking from smaller/lower time frame chart. its price still have high probability reaching @ 0.71-0.70 +/- before multi years bottom formed! by SteveTan3
Downtrend Due to Losing Price Momentum!The price candlestick pattern indicates a downtrend with lower trading volume and negative readings in RSI and MACD signals. The S1 line will be a support price if the price is able to recover from the downtrend and pull back from the decline pattern. R 0.945, 1.22 S 0.805, 0.685Shortby eskopitehmilo5
Topglove still high probability < 0.80. 20/May/23Topglove have been trending down for > 2 years. It will take some time to build ( a strong base/foundation) = which is a (a)(b)(c)(d)(e) (Red) Triangle before a big “rally”..by SteveTanUpdated 3
Topglov "finally" broke 0.80! What is my "state" now?! 3/July/23Topglove finally broke 0.80 @ 0.790 on last week as last idea. What is my "state" now? Fear? Greedy? or 1 of these :- 1) Pandemic is "game over" so as glove? 2) I "hope/wish" and waiting for it < 0.40++ as JP Morgarn's "target". << In trading don't ever wish/hope/or expect.. BUT only fact & figure >> 3) I'm still waiting for "exact" "perfect" setup 4) I'm not interest, this stock is not "cup of my tea" 5) I don't even bother as "Trading/investing" in stock is "gambling"!by SteveTan3
TG LONGExpectec for bullish movement based on technical analysis. We'll see how it goes.Longby NajmiKizashiUpdated 2
Topglov will sleep again?Profit taking may anticipate soon. Witness the sexy glove counter to rest for a period?Shortby DSELE991
TOPGLOV - Target revised lowerFollowing my 6 September post on this ticker, MYX:TOPGLOV has moved according to my prediction and is on track to reach the target. I have made some mistakes in estimating the target of RM2.30 earlier, but in this post, I have revised the target to around the RM2.00-RM1.80 region. Good luck. Shortby RichkierichUpdated 1