Wednesday, March 8, 2023

Technical Analysis Mar 2023: TOPGLOVE (Bursa: 7113)

 

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE forming descending triangle patten.

Will it rebound at support level? Or break the support level ?

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

Immediate support @ RM0.69 level. 
Subsequent support @ RM0.61 level. 

Immediate resistance @ RM0.75 level. 
Subsequent resistance @ RM0.85 level. 

Let's watch closely Disclaimer

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