TOP GLOVE CORPORATION BHD
Panjang

EASY123 Prediction @MYX TOPGLOVE

320
Prediction: Invert Head & Shoulder pattern - Bottom reversal (Crossing neckline: Rally when it closed above 6.77)
Target Price: R1=7.50-7.80, R2=8.00-8.30, R3=9.30-9.60
Support/Cut Loss: S1=6.00, S2=5.55

Signals:
*Candle has turned from Red to Blue color on 29-Jan, an indication of a trend reversal.
*Price breaks, stand above and supported by Bull/Bear Divider (Redline) on 29-Jan, an indication of an uptrend reversal.
*Power volume (Red bar) appeared on 04 & 29-Jan, an indication of the presence of big players.
*Green-upward triangle appeared on 04-Jan, an indication of potential Bottom.
*Yellow-dot #3/Blue/Green-dot #2 U-turn entry signal appeared on 08 & 22-Jan.

*Disclaimer: This is not a Buy or Sell suggestion but solely sharing the information...Trade at your own risk.
*Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it.

Signal's Interpretation:
ENTRY Signal:-
*BT-Yellow-Diamond = Bottom reversal signal.
*Green-Upward-Triangle = Potentially a Bottom signal.
*Green-Dot = U-Turn entry point signal.
*Blue-Candle = Market at Uptrend sentiment.
*Candle color changed from RED to BLUE & Candle closed "ABOVE" the Bull/Bear Divider (Redline).

EXIST Signal:-
*Red-Dot = Potentially a Top signal.
*Yellow-Dot = Potentially a Top signal.
*Red-Candle = Market at Downtrend sentiment.
*Candle color changed from BLUE to RED & Candle closed "BELOW" the Bull/Bear Divider (Redline)

Penafian

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