TOPGLOVE - POSSIBLE BULLISH TREND REVERSAL
TopGlove - based on Elliott wave analysis, should have completed its wave ABC correction.
Prices are corrected from high of 9.765 to low of 4.65 (about 61.8% FIBO correction).
If further zoomed into the smaller timeframes of its recent price movements, prices have formed possible leading diagonal pattern, which indicates potential of reversal trend.
A possible bullish trend reversal stock to look to, monitor for higher high and higher low for further confirmation.
Happy trading!
Prices are corrected from high of 9.765 to low of 4.65 (about 61.8% FIBO correction).
If further zoomed into the smaller timeframes of its recent price movements, prices have formed possible leading diagonal pattern, which indicates potential of reversal trend.
A possible bullish trend reversal stock to look to, monitor for higher high and higher low for further confirmation.
Happy trading!