For simplicity, to gauge the overall glove stocks, I have plot the glove index ( consist of Top glove , Supermx, Harta, Latexx, Adventa & Kossan).
Wednesday 5 October 2011
GLOVE STOCKS
Gloves stocks have been on a good run for about 7 trading day, and today 5/Oct show a bearish signal call Shooting Star. In simple words, they are flashing warning " I want to come down" . Definitely in TA terms, tomorrow if close below today price at the lowest range, the bearish signal is confirmed and call for a take profit/cut loss. E.g if Supermx RM3.25 is today low and if tomorrow close below this price, time to take all profit and run, for those just join in today, too bad , got to cut loss, if the signal is confirmed tomorrow.
For simplicity, to gauge the overall glove stocks, I have plot the glove index ( consist of Top glove , Supermx, Harta, Latexx, Adventa & Kossan).
For simplicity, to gauge the overall glove stocks, I have plot the glove index ( consist of Top glove , Supermx, Harta, Latexx, Adventa & Kossan).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment