Top Glove Corporation Bhd.

Strong Uptrend Pattern!

99
The candlestick pattern indicates rising candlesticks methods, hence, a bullish continuation candlestick pattern that occurs in an uptrend towards the next price resistance. Backed by high-volume support the price continuous movement.

RSI indicates a fresh buying interest in the stock hence the oscillator graph above indexes 50. Thus confirming the price movement.

The OBV and MACD show a continuous uptrend and backed the price movement toward the next price resistance.

Precaution for a price correction between 10%-20% from the recent peak due to short position by the traders.

Let's save TOPGLOV in WL and watch out for significant price movement towards the MA50 line backed with volume.

R 0.780
S 0.630

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