TOPGLOV: Potential breakdown from Rising Wedge

2021年4月26日

Potential false breakout to 5.87 before breaking down from rising wedge

2021年5月6日

交易進行

As expected, Top Glove tried to break out of rising wedge but failed and fell back into the wedge. Breakdown from wedge is resulting in a steep fall in share price similar to that experienced in February 2021. Expect share price to drop to around 3.50 support before rebounding.

2021年5月6日

註釋

Targeting bottom before 9 June 2021.

2021年6月7日

註釋

Sell down did not happen before QR release. Potential sell down with QR release on 9 June whereby news of potential ASP peak / decline may emerge.

2021年9月9日

交易結束：目標達成