Top Glove Corporation Bhd.
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Topglove Update

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As mentioned earlier on Nov 4, Topglov is bearish . The infected workers are now the latest catalyst for expected bearish move. Our next downside target is at 5.5, we will see price action at this level to predict more downside movement to Breakaway Gap (in weekly timeframe) zone at 4.1 to 3.8, or even further at 2.86.

Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nota
Price bounce off at Target 1 at Fibo 1.618. We are looking for bullish confirmation above 6.80

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