A technical analysis view on Top Glove analyzing the trend and price action.
After running up quite a lot, this stock looks a bit toppy. I don't really like the fact that it has drop below the 50 MA which is usually not something that you want to see in a strong uptrending stock.
Whether this stock is just consolidating or topping we do not know yet but one hint is to watch the support area. If this stock drops below the support area then we can prepare for the start of a downtrend.
Aug 17, 18 05:07 AM
In this lesson we will take a look at the technical developments of OKA Corp's stock price and why it moved the way it did. We will also have a look at what might happen to OKA's stock price.
Aug 16, 18 07:28 AM
In this lesson, we will learn how and why BMY manage to bottom out and start a new uptrend.
Aug 14, 18 08:19 AM
In this lesson we will learn and examine why Pentamaster was able to recover all of its losses to start a new uptrend and achieve new highs.
Aug 13, 18 05:56 AM
The KLCI is currently at resistance territory after a nice big rally. I would consider a sideways trading a possible scenario at the moment.
Aug 13, 18 05:22 AM
In this lesson, we will learn how AAPL's 15 Min stock chart formation help to send the stock higher for 2-3 days to give traders a nice swing trading opportunity.