Friday, September 18, 2020

Technical Analysis Sept 2020: TOPGLOVE (Bursa: 7113)



TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE trading within RM6.40 & RM9.45 range.

Will it retest RM9.45 resistance level?

Other indicator:- 
MACD trade at negative region, downtrend sign. 
Stochastic %K on SELL call itinerary. 

Immediate support @ RM6.40 support level. 
Subsequent support @ RM5.75 level.

Immediate resistance @ RM8.78 level. 
Subsequent resistance @ RM9.45 level.

Let's watch closely Disclaimer

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