TOPGLOV increased by 12.0 sen (+2.73%) to end at RM4.52 yesterday.
Chart-wise, the share has been declining since early-June this year.
Yesterday candlestick closed higher with the formation of a bullish candlestick, which was supported by strong buying volume. Coupled with an uptick in RSI and a bullish MACD, we expect the uptrend to persist.
Should buying momentum persist we expect the share to test its overhead resistance at RM4.60 (R1) and RM4.80 (R2).
Conversely, key support levels can be seen at RM4.30 (S1) and RM4.25 (S2).
FPI (Not Rated)
FPI gained by 7.0 sen (+4.52%) to end at RM1.62 yesterday.
Chart-wise, the share has been declining since late-February this year.
Yesterday candlestick punched through the 20-Day SMA, which signified strong buying interest. Coupled with a bullish MACD Crossover and above average trading volume, we believe this could be a potential reversal.
Should buying momentum persist, key resistance levels can be found at RM1.70 (R1) and RM1.80 (R2).
Conversely, downside supports can be identified at RM1.52 (S1) and RM1.42 (S2).
Heard news Top glove (TG)share has been removed from the Bursa's top too 100 companies on market capitalization. But I observe TG price today shows no correspondence. Can any one give more info on what I have observed. An investor.
2019-11-05 10:20
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Heard news Top glove (TG)share has been removed from the Bursa's top too 100 companies on market capitalization. But I observe TG price today shows no correspondence. Can any one give more info on what I have observed. An investor.
2019-11-05 10:20