TOP GLOVE CORPORATION BHD
Panjang

TOPGLOV : Sign of markup intention from intraday Price & Volume

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We posted a pause of price fall on 17th Nov & waiting for rebound signals shows from big boys transaction data.

on 22nd Nov, stock prices are obviously maintained higher price at the 2nd half of the trading session. Although high volumes are created earlier in the morning indicating selling pressure, but the stock price didn't go down further. This shows a good bottom is forming.

Based on our view, we expecting a rebound will be coming in the next few trading days.

Penafian

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