Technical Analysis Apr 2023: TOPGLOVE (Bursa: 7113)

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE consolidate sideway between RM0.93 and RM1.025 

Will it break resistance & go higher?

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K on BUY itinerary.

Immediate support @ RM0.93 level. 

Subsequent support @ RM0.835 level. 

Immediate resistance @ RM1.115 level. 

Subsequent resistance @ RM1.025 level. 

Let's watch closely Disclaimer

Technical Analysis Mar 2023: TOPGLOVE (Bursa: 7113)

 

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE break RM0.69 support level

How low will it go?

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on SELL itinerary.

Immediate support @ RM0.61 level. 

Subsequent support @ RM0.57 level. 

Immediate resistance @ RM0.69 level. 

Subsequent resistance @ RM0.75 level. 

Let's watch closely Disclaimer

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

Technical Analysis Jan 2021: TOPGLOVE (Bursa: 7113)

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE break FIBO 50% level with volume spike. 

Will it retest FIBO 38.2% support level & form bullish reversal pattern? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on BUY itinerary.

Immediate support @ FIBO 38.2% level. 

Subsequent support @ FIBO 23.6% level. 

Immediate resistance @ FIBO 50% level. 

Subsequent resistance @ FIBO 61.8% level. 

Let's watch closely Disclaimer

Technical Analysis Nov 2020: TOPGLOVE (Bursa: 7113)

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE trading between RM6.46 & RM9.61 range. 

Will it retest RM6.46 support level? 

Other indicator:- 

MACD trade at negative region, downtrend sign. 

Stochastic %K on SELL call. 

Immediate support @ RM6.46 level. 

Subsequent support @ RM6.00 psychology level. 

Immediate resistance @ RM7.80 level. 

Subsequent resistance @ RM8.75 level. 

Let's watch closely Disclaimer

Technical Analysis Oct 2020: TOPGLOVE (Bursa: 7113)

TOP GLOVE CORPORATION BERHAD 

Observation from chart: 

TOPGLOVE retest RM9.50 resistance again. 

Will it breakout resistance level? 

Other indicator:- 

MACD trade at positive region, uptrend sign. 

Stochastic %K trigger SELL call, pending confirmation.

Immediate support @ RM9.05 level. 

Subsequent support @ RM8.65 level. 

Immediate resistance @ RM9.50 level. 

Subsequent resistance @ RM9.77 level. 

Let's watch closely Disclaimer

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